Riley County, Kansas Housing Market Prices
Riley 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 145% above the Kansas median More expensive than 93% of counties in Kansas$256,250
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Median rent 1% below the Kansas median More expensive than 92% of counties in Kansas$1,046
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Riley County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $256,250 | $104,644 | $248,835 |
| Price Trend (Annual %) | 15.3% | 4.4% | 7.5% |
| Median Gross Rent | $1,046 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 1.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Riley County is about 145% higher than in Kansas. Rent is about 1% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Riley County, up about 15.3% and 1.8% a year respectively. Home prices are changing faster.
Median rent in Riley County rose about 18.4% between 2015 and 2024, from $884 to $1,046. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Riley County.
Buying the median-priced home in Riley County costs roughly 20.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Riley County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Riley County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $256,250 | $104,644 | $248,835 |
| Median Household Income | $62,250 | $74,287 | $80,455 |
| Price-to-Income Ratio | 4.1 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Riley County rose about 422.5%, while median household income rose about 54.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Riley County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 41.5% | 60.9% | 58.5% |
| Rental Rate | 48.6% | 29.8% | 31.2% |
| Vacancy Rate | 9.9% | 9.2% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Riley County has a homeownership rate of 41.5%, lower than the Kansas average of 60.9%. Its housing vacancy rate is 9.9%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Riley County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1984 | 1975 | 1978 |
| Median Number of Rooms | 5.4 | 6.0 | 5.5 |
The typical housing unit in Riley County was built around 1984. On average, 2.2 people live in a home with about 5.4 rooms, staying for about 11.0 years on average.
Riley County, KS Housing Compared With Nearby Counties
How Riley County, KS compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Riley County, KS | 71,946 | $256,250 #1/2 | $1,046 #2/2 | 46.1% #1/2 |
| Geary County, KS | 35,815 | $67,916 | $1,103 | 43.5% |
Frequently Asked Questions
Common questions about the housing market in Riley County, Kansas.
What is the median home price in Riley County, Kansas?
The median home price in Riley County, Kansas is $256,250, higher than the Kansas average of $104,644.
What is the average home price in Riley County, Kansas?
The typical home price in Riley County, Kansas, reported as the median sale price, is $256,250. 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 Riley County, Kansas?
The median gross rent in Riley County, Kansas is $1,046 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Riley County in 2020?
In 2020, the median gross rent in Riley County, Kansas was $943 per month.
What is the price-to-rent ratio in Riley County, Kansas?
The price-to-rent ratio in Riley County, Kansas is about 20.4, meaning it would take roughly 20.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Riley County.
Are home prices or rent rising faster in Riley County, Kansas?
Both home prices and rent are rising in Riley County, up about 15.3% and 1.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Riley County, Kansas?
41.5% of households in Riley County, Kansas own their home, lower than the Kansas average of 60.9%.
What is the vacancy rate in Riley County, Kansas?
The housing vacancy rate in Riley County, Kansas is 9.9%, higher than the Kansas average of 9.2%.
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