Rice County, Kansas Housing Market

In Rice County, Kansas, the median home value is $104,600, with a median monthly rent of $753. This places Rice County at #2861 nationally out of 3134 counties by median home value, and #72 within Kansas.

Median Home Value $104,600
Median Rent $753/mo
Owner Occupancy 77.4%
Price/Rent Ratio 11.6

📈 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 Rice County rose +19.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,737
jobs (private sector)
  • Avg weekly wage: $1,073
  • Establishments: 283
  • BLS QCEW, 2025
🏗️

Housing Supply

15
new units authorized (2025)
  • Single-family: 15
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+188
net migration (filers, 2021-2022)
  • Inflow: 3,556 (avg $66,283)
  • Outflow: 3,368 (avg $67,077)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 67554 234.2 +12.64% 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 Rice County Compares

MetricRice CountyKansas AverageU.S. Average
Median Home Value $104,600 $138,824 $227,706
Median Gross Rent $753 $802 $968
Owner Occupancy Rate 77.4% 74.2% 73.3%
Price/Rent Ratio 11.6 14.2 18.7

Market Analysis

The median home value in Rice County is 24.7% below the Kansas state average and 54.1% below the U.S. national average. The median rent of $753/month is 6.1% below the state average.

With a price-to-rent ratio of 11.6, buying a home in Rice 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.

Rice County has an owner-occupancy rate of 77.4%, 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
Quitman County Georgia $104,600 $918
Attala County Mississippi $104,600 $825
Lee County South Carolina $104,600 $823
Stark County Illinois $104,500 $735
Union County Kentucky $104,500 $790

Other Counties in Kansas

CountyMedian Home ValueMedian RentOwner Occ.
Wallace County $105,000 $601 74.8%
Rawlins County $103,800 $817 70.7%
Montgomery County $101,700 $761 72.9%
Allen County $107,600 $720 75.4%
Hodgeman County $101,600 $941 79.1%

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).