Riley County, Kansas Housing Market

In Riley County, Kansas, the median home value is $237,100, with a median monthly rent of $1,046. This places Riley County at #1019 nationally out of 3134 counties by median home value, and #6 within Kansas.

Median Home Value $237,100
Median Rent $1,046/mo
Owner Occupancy 46.1%
Price/Rent Ratio 18.9

📈 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 Riley County rose +2.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

21,847
jobs (private sector)
  • Avg weekly wage: $936
  • Establishments: 1,844
  • BLS QCEW, 2025
🏗️

Housing Supply

243
new units authorized (2025)
  • Single-family: 93
  • Multi-family: 150
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2862
net migration (filers, 2021-2022)
  • Inflow: 23,569 (avg $83,421)
  • Outflow: 20,707 (avg $87,901)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 66503 215.6 -0.39% 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 Riley County Compares

MetricRiley CountyKansas AverageU.S. Average
Median Home Value $237,100 $138,824 $227,706
Median Gross Rent $1,046 $802 $968
Owner Occupancy Rate 46.1% 74.2% 73.3%
Price/Rent Ratio 18.9 14.2 18.7

Market Analysis

The median home value in Riley County is 70.8% above the Kansas state average and 4.1% above the U.S. national average. The median rent of $1,046/month is 30.4% above the state average.

With a price-to-rent ratio of 18.9, the buy-vs-rent decision in Riley County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Riley County has an owner-occupancy rate of 46.1%, 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
Oconee County South Carolina $237,100 $881
Jefferson County Missouri $237,200 $979
Dubuque County Iowa $237,300 $959
Franklin County Tennessee $236,900 $894
Rankin County Mississippi $237,400 $1,270

Other Counties in Kansas

CountyMedian Home ValueMedian RentOwner Occ.
Pottawatomie County $245,900 $924 82.2%
Butler County $217,600 $956 77.6%
Nemaha County $217,200 $774 78.0%
Jefferson County $216,900 $835 85.7%
Ellis County $216,300 $943 63.2%

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).