The typical home in Hays, KS is worth about $190,000.
With 20% down that's a loan near $152,000 — the calculator
is pre-filled with that figure. Fort Hays State University and oil-and-gas activity in the surrounding counties anchor this western Kansas city, where home prices remain among the most affordable of any metro in this dataset.
$986.88 / month
Total interest
$203,276
Total paid
$355,276
Payoff
30.0 years
How much you need to earn
Hays, KS's median household income is about
$56,000 a year. Under standard 28/36
lending rules that supports a home price around
$163,912 with 20% down —
below the $190,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Hays, KS is about $900 a month, so owning the median home costs roughly
$576 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Hays, KS?
On the metro's roughly $190,000 typical home with 20% down, the loan is about $152,000. Principal and interest run near $987 a month at today's rate, and Hays, KS's property tax plus insurance add about $489, for a full payment near $1,476.
Can I afford a home in Hays, KS on the median income?
The median household income is about $56,000 a year. Under standard 28/36 lending rules that supports a home price around $163,912 with 20% down — below the $190,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Hays, KS?
Typical asking rent is about $900 a month. The full owner payment on a median home is near $1,476, so owning costs roughly $576 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Hays, KS?
The effective property tax rate in the core county is about 1.30% of market value — roughly $2,470 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Hays, KS rising or falling?
Home values are up about 3% over the past year. Fort Hays State University and oil-and-gas activity in the surrounding counties anchor this western Kansas city, where home prices remain among the most affordable of any metro in this dataset.