Lincoln County, Kansas Housing Market Prices
Lincoln County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 91% below the Kansas median Among the top 5 cheapest counties in Kansas$9,309
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Median rent 40% below the Kansas median Cheaper than 89% of counties in Kansas$633
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lincoln County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $9,309 | $104,644 | $248,835 |
| Price Trend (Annual %) | -0.9% | 4.4% | 7.5% |
| Median Gross Rent | $633 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lincoln County is about 91% lower than in Kansas. Rent is about 40% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Lincoln County: home prices fell about 0.9% a year while rent rose about 2.7% a year. That is an unusual pattern worth watching.
Median rent in Lincoln County rose about 19.0% between 2015 and 2024, from $532 to $633. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Lincoln County.
Buying the median-priced home in Lincoln County costs roughly 1.2 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lincoln County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Lincoln County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $9,309 | $104,644 | $248,835 |
| Median Household Income | $58,660 | $74,287 | $80,455 |
| Price-to-Income Ratio | 0.2 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lincoln County fell about 22.4%, while median household income rose about 31.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lincoln County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.6% | 60.9% | 58.5% |
| Rental Rate | 15.0% | 29.8% | 31.2% |
| Vacancy Rate | 23.4% | 9.2% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Lincoln County has a homeownership rate of 61.6%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 23.4%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Lincoln County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1946 | 1975 | 1978 |
| Median Number of Rooms | 6.5 | 6.0 | 5.5 |
The typical housing unit in Lincoln County was built around 1946. On average, 2.3 people live in a home with about 6.5 rooms, staying for about 17.0 years on average.
Lincoln County, KS Housing Compared With Nearby Counties
How Lincoln County, KS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lincoln County, KS | 2,923 | $9,309 #3/3 | $633 #3/3 | 80.4% #1/3 |
| Russell County, KS | 6,679 | $66,967 | $805 | 75.1% |
| Saline County, KS | 53,668 | $116,558 | $961 | 67.1% |
Frequently Asked Questions
Common questions about the housing market in Lincoln County, Kansas.
What is the median home price in Lincoln County, Kansas?
The median home price in Lincoln County, Kansas is $9,309, lower than the Kansas average of $104,644.
What is the average home price in Lincoln County, Kansas?
The typical home price in Lincoln County, Kansas, reported as the median sale price, is $9,309. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lincoln County, Kansas?
The median gross rent in Lincoln County, Kansas is $633 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Lincoln County in 2020?
In 2020, the median gross rent in Lincoln County, Kansas was $550 per month.
What is the price-to-rent ratio in Lincoln County, Kansas?
The price-to-rent ratio in Lincoln County, Kansas is about 1.2, meaning it would take roughly 1.2 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lincoln County.
Are home prices or rent rising faster in Lincoln County, Kansas?
Home prices and rent are moving in opposite directions in Lincoln County: home prices fell about 0.9% a year while rent rose about 2.7% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Lincoln County, Kansas?
61.6% of households in Lincoln County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Lincoln County, Kansas?
The housing vacancy rate in Lincoln County, Kansas is 23.4%, higher than the Kansas average of 9.2%.
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