Rent vs. Buy in Clark County, KS

Should you rent or buy in Clark County? Here are the numbers.

Median Home Price

$78,500

Median Rent

$798/mo

Price-to-Rent Ratio

8.2x

Homeownership Rate

73.7%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$397
Property Tax$120
Insurance$26

Total Monthly$543

Renting

Monthly Rent$798
Renter's Insurance$25

Total Monthly$823

In Clark County, buying is approximately $255/mo cheaper than renting (before equity buildup and tax benefits).

About Clark County, Kansas

Clark County in Kansas has a median household income of $58,287 and an effective property tax rate of 1.8%. With a price-to-rent ratio of 8.2x, buying is likely more cost-effective for long-term residents.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Kansas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.