Rent vs. Buy in Decatur County, KS
Should you rent or buy in Decatur County? Here are the numbers.
Median Home Price
$76,100
Median Rent
$700/mo
Price-to-Rent Ratio
9.1x
Homeownership Rate
80.5%
Monthly Cost Comparison
Buying (20% down, 6.5% rate)
Renting
In Decatur County, buying is approximately $183/mo cheaper than renting (before equity buildup and tax benefits).
About Decatur County, Kansas
Decatur County in Kansas has a median household income of $49,412 and an effective property tax rate of 1.7%. With a price-to-rent ratio of 9.1x, 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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