Montgomery County, Kansas Housing Market

In Montgomery County, Kansas, the median home value is $101,700, with a median monthly rent of $761. This places Montgomery County at #2894 nationally out of 3134 counties by median home value, and #74 within Kansas.

Median Home Value $101,700
Median Rent $761/mo
Owner Occupancy 72.9%
Price/Rent Ratio 11.1

📈 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 Montgomery County rose +5.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

11,733
jobs (private sector)
  • Avg weekly wage: $978
  • Establishments: 1,953
  • BLS QCEW, 2025
🏗️

Housing Supply

27
new units authorized (2025)
  • Single-family: 27
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+643
net migration (filers, 2021-2022)
  • Inflow: 11,552 (avg $57,159)
  • Outflow: 10,909 (avg $57,754)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 67301 195.0 +9.70% 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 Montgomery County Compares

MetricMontgomery CountyKansas AverageU.S. Average
Median Home Value $101,700 $138,824 $227,706
Median Gross Rent $761 $802 $968
Owner Occupancy Rate 72.9% 74.2% 73.3%
Price/Rent Ratio 11.1 14.2 18.7

Market Analysis

The median home value in Montgomery County is 26.7% below the Kansas state average and 55.3% below the U.S. national average. The median rent of $761/month is 5.1% below the state average.

With a price-to-rent ratio of 11.1, buying a home in Montgomery 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.

Montgomery County has an owner-occupancy rate of 72.9%, compared to 74.2% in Kansas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Allegany County New York $101,700 $763
Hodgeman County Kansas $101,600 $941
Catahoula Parish Louisiana $101,800 $821
Norton County Kansas $101,500 $609
Franklin County Mississippi $101,900 $725

Other Counties in Kansas

CountyMedian Home ValueMedian RentOwner Occ.
Hodgeman County $101,600 $941 79.1%
Norton County $101,500 $609 76.2%
Cherokee County $100,100 $799 75.5%
Cloud County $100,000 $769 74.0%
Rawlins County $103,800 $817 70.7%

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).