homesbycounty

Housing decision brief

Lane County, KS Housing Market

Lane County screens as a higher purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

55th lowest home value out of 105 Kansas counties with data | 1st lowest rent out of 105

Median home value

$119,000

Purchase-price signal from Census ACS.

Median rent

$497/mo

Gross rent, including utilities where reported.

Monthly owner cost

$583/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

2.2x

Median home value divided by local household income.

Rent burden

22.0%

Below 30% usually screens as less pressured.

Rent vs own

$86/mo

Median rent screens below owner cost.

Data confidence

2 notes

Home-value estimate has a $58,101 ACS margin of error.

What Works

Lower rent

$497/mo is 34% below Kansas county median

Rent burden below pressure line

22.00% of renter income goes to rent, below the 30% burden threshold.

Low disaster-risk signal

Risk score is 97.7 out of 100, a stronger cross-check for long-term ownership costs.

What to Check

Lower income base

$53,042 median income is 16% below Kansas county median

Crime data coverage

Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.

Wide home-value margin

The ACS margin of error on home value is $58,101, so exact rankings should be read as directional.

Best Fit For

  • Buyers comparing homes to local incomes
  • Renters trying to keep rent below the burden threshold
  • Long-term owners who care about disaster-risk exposure

Poor Fit For

  • Households dependent on a deep local wage market
  • Buyers focused only on purchase price and ignoring annual property tax
  • Anyone treating reported crime rates as complete without source context

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Lane County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$119,000$118,700$281,900
Near state medianAt the Kansas county median

Median gross rent

Lower usually helps affordability.

$497$758$1,163
34% favorable34% below Kansas county median

Monthly owner cost

Lower usually helps affordability.

$583$780$1,672
25% favorable25% below Kansas county median

Median household income

$53,042$63,136$74,755
16% pressure16% below Kansas county median

Effective property-tax rate

Lower usually helps affordability.

1.44%1.55%1.02%
7% favorable7% below Kansas county median

Rent burden

Lower usually helps affordability.

22.00%24.00%N/A
8% favorable22.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$53,042
Income for median rent$19,880
Income for median owner cost$24,986

Rent cushion

+$33,162

Median income minus rent threshold.

Owner cushion

+$28,056

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

For renters in Lane County, the market is affordable. Expect to pay around $497/month in gross rent, with 22.0% of renter households considered cost-burdened.

Rent vs own

Renters in Lane County pay $497/month on average, compared to $583/month for homeowners. This market favors renters by about 15%.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $19,880/year. For owner costs at the 28% rule, the required income is roughly $24,986/year. With a median household income of $53,042, most households can comfortably afford rent here. Notably, 22.0% of renter households in Lane County are cost-burdened, spending more than 30% of income on housing.

Regional context

Within Kansas, Lane County is less affordable than Wallace County by roughly 14% ($497/mo vs $578/mo).

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Washington County, KS$106,100$547/moSame-state comparison near $106,100 home value and $547/mo rent.
Cheyenne County, KS$119,300$703/moSame-state comparison near $119,300 home value and $703/mo rent.
Norton County, KS$106,300$642/moSame-state comparison near $106,300 home value and $642/mo rent.
Morris County, KS$120,900$711/moSame-state comparison near $120,900 home value and $711/mo rent.
Mitchell County, KS$109,600$653/moSame-state comparison near $109,600 home value and $653/mo rent.

Housing Questions for Lane County

Is Lane County affordable for buying a home?
Lane County has a home-value-to-income ratio of 2.2x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Lane County?
Median rent is $497/mo and median monthly owner cost is $583/mo. On this screen, renting is cheaper before individual loan terms.
How much income do you need for housing in Lane County?
To keep rent near 30% of income, the median rent implies about $19,880 in annual income. Using a 28% owner-cost screen, median owner costs imply about $24,986 in annual income.
What should I double-check before moving to Lane County?
Double-check lower income base, crime data coverage, wide home-value margin. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.