Allen County, Kansas Housing Market

In Allen County, Kansas, the median home value is $107,600, with a median monthly rent of $720. This places Allen County at #2824 nationally out of 3134 counties by median home value, and #70 within Kansas.

Median Home Value $107,600
Median Rent $720/mo
Owner Occupancy 75.4%
Price/Rent Ratio 12.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Allen County rose +16.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,178
jobs (private sector)
  • Avg weekly wage: $926
  • Establishments: 354
  • BLS QCEW, 2025
🏗️

Housing Supply

25
new units authorized (2025)
  • Single-family: 23
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+351
net migration (filers, 2021-2022)
  • Inflow: 5,167 (avg $63,398)
  • Outflow: 4,816 (avg $64,947)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Allen County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 66749 192.0 — 2025
2 66720 200.3 +0.74% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Allen County Compares

MetricAllen CountyKansas AverageU.S. Average
Median Home Value $107,600 $138,824 $227,706
Median Gross Rent $720 $802 $968
Owner Occupancy Rate 75.4% 74.2% 73.3%
Price/Rent Ratio 12.5 14.2 18.7

Market Analysis

The median home value in Allen County is 22.5% below the Kansas state average and 52.7% below the U.S. national average. The median rent of $720/month is 10.2% below the state average.

With a price-to-rent ratio of 12.5, buying a home in Allen County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Allen County has an owner-occupancy rate of 75.4%, compared to 74.2% in Kansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
McDonough County Illinois $107,500 $761
Blackford County Indiana $107,500 $699
Frio County Texas $107,700 $1,016
Marengo County Alabama $107,400 $716
Dooly County Georgia $107,400 $758

Other Counties in Kansas

CountyMedian Home ValueMedian RentOwner Occ.
Chase County $109,700 $825 73.3%
Wallace County $105,000 $601 74.8%
Grant County $110,300 $718 76.7%
Rice County $104,600 $753 77.4%
Kingman County $111,100 $846 66.3%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).