States › Kansas › McPherson

Is McPherson, KS expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,15734% lower than U.S. average
💵 Families earn per year (2026)$83,615about $6,968/month · 4% lower than U.S. average
🔑 House price$211,70036% lower than U.S. average

Rent is lower than in 78% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 11.4 minutes.

How much money do I need?

To rent here comfortably, you should earn about $46,280 a year. That is $22 an hour at a full-time job.

Is rent cheaper than other Kansas cities?

Yes. Rent here is cheaper than in most of Kansas. It is number 25 of 65 cities from cheapest to most expensive.

McPherson
$1,157
$1,215
$1,277
$1,438

How much do households earn in McPherson?

Under $25k
14.5%
$25k–50k
17.7%
$50k–100k
39.7%
$100k–150k
16.7%
$150k+
4.4%

Share of households by yearly income. 21.1% of households earn $100,000 or more.

Rent by apartment size in McPherson

SizeMcPhersonU.S. average
Studio$906$1,338
1 bedroom$869$1,324
2 bedrooms$983$1,509
3 bedrooms$1,207$1,698
4 bedrooms$1,208$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is McPherson overall?

Everyday prices in Kansas overall are 10% below the U.S. average (index 90.1, U.S. = 100).

Housing
71
Goods (food, clothes…)
94
Utilities
88
Other services
94
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for McPherson, so the Kansas figure is shown.

Taxes and bills in McPherson

🏛️ Property tax$3,115a year · 1.47% of home value · U.S. $3,119
⚡ Electric bill$140a month (typical) · U.S. $156

Life in McPherson

Commute to work11.4 minU.S.: 26.4 min
College degree38.4%U.S.: 35.7%
Own their home65.4%U.S.: 65.2%
Below poverty line13.5%U.S.: 12.5%
Unemployment1.9%U.S.: 5.2%

Is it cheaper to rent or buy in McPherson?

Renting is cheaper right now: about $312 a month less.

Renting
$1,157
Owning
$1,469

Owning assumes a typical $211,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,170 for the down payment.

Frequently asked questions

What is the average rent in McPherson, KS?

Renting in McPherson costs a median of about $1,157 a month in 2026, including utilities. The Kansas median is $1,222.

How much do I need to make to live in McPherson?

To keep rent under 30% of income, you need about $46,280 a year, or $22 an hour at a full-time job.

Is McPherson cheap or expensive?

McPherson is rated Cheap: rent takes 16.6% of the typical household income of $83,615. It ranks 25th cheapest of 65 Kansas cities we track.

How much are property taxes in McPherson?

The median homeowner in McPherson pays $3,115 a year in property taxes, about 1.47% of the median home value.

Is McPherson more expensive than the national average?

Overall prices in Kansas are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in McPherson?

The median home value in McPherson is $211,700, about 2.5 times the typical yearly household income.

13,995 people live in McPherson. Numbers are typical (middle) values.