Cheyenne County, Kansas Housing Market

In Cheyenne County, Kansas, the median home value is $125,900, with a median monthly rent of $656. This places Cheyenne County at #2535 nationally out of 3134 counties by median home value, and #52 within Kansas.

Median Home Value $125,900
Median Rent $656/mo
Owner Occupancy 77.9%
Price/Rent Ratio 16.0

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

622
jobs (private sector)
  • Avg weekly wage: $878
  • Establishments: 117
  • BLS QCEW, 2025
🏗️

Housing Supply

1
new units authorized (2025)
  • Single-family: 1
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+102
net migration (filers, 2021-2022)
  • Inflow: 1,075 (avg $59,423)
  • Outflow: 973 (avg $59,779)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Cheyenne County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 67735 213.8 -9.96% 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 Cheyenne County Compares

MetricCheyenne CountyKansas AverageU.S. Average
Median Home Value $125,900 $138,824 $227,706
Median Gross Rent $656 $802 $968
Owner Occupancy Rate 77.9% 74.2% 73.3%
Price/Rent Ratio 16.0 14.2 18.7

Market Analysis

The median home value in Cheyenne County is 9.3% below the Kansas state average and 44.7% below the U.S. national average. The median rent of $656/month is 18.2% below the state average.

With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Cheyenne County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Cheyenne County has an owner-occupancy rate of 77.9%, 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
Fayette County Alabama $125,900 $667
Washington County North Carolina $125,900 $743
Cumberland County Illinois $126,000 $772
Jefferson County Illinois $126,000 $885
Menifee County Kentucky $125,800 $675

Other Counties in Kansas

CountyMedian Home ValueMedian RentOwner Occ.
Barton County $126,400 $761 65.2%
Lane County $127,100 $590 88.9%
Marion County $124,200 $727 81.3%
Marshall County $127,700 $690 80.0%
Stevens County $129,300 $927 74.5%

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).