The typical home in Manhattan, KS is worth about $290,000.
With 20% down that's a loan near $232,000 — the calculator
is pre-filled with that figure. Kansas State University makes Manhattan's rental market heavily student-driven, and Fort Riley just west of town adds steady military-family housing demand on top of that.
$1,593.68 / month
Total interest
$341,724
Total paid
$573,724
Payoff
30.0 years
How much you need to earn
Manhattan, KS's median household income is about
$52,000 a year. Under standard 28/36
lending rules that supports a home price around
$147,456 with 20% down —
below the $290,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Manhattan, KS is about $1,150 a month, so owning the median home costs roughly
$1,043 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Manhattan, KS?
On the metro's roughly $290,000 typical home with 20% down, the loan is about $232,000. Principal and interest run near $1,594 a month at today's rate, and Manhattan, KS's property tax plus insurance add about $599, for a full payment near $2,193.
Can I afford a home in Manhattan, KS on the median income?
The median household income is about $52,000 a year. Under standard 28/36 lending rules that supports a home price around $147,456 with 20% down — below the $290,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Manhattan, KS?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $2,193, so owning costs roughly $1,043 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Manhattan, KS?
The effective property tax rate in the core county is about 1.34% of market value — roughly $3,886 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Manhattan, KS rising or falling?
Home values are up about 4% over the past year. Kansas State University makes Manhattan's rental market heavily student-driven, and Fort Riley just west of town adds steady military-family housing demand on top of that.