States › Kansas › Parsons

Is Parsons, KS expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$85052% lower than U.S. average
💵 Families earn per year (2026)$56,544about $4,712/month · 35% lower than U.S. average
🔑 House price$71,70078% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 13.1 minutes.

How much money do I need?

To rent here comfortably, you should earn about $34,000 a year. That is $16 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 8 of 65 cities from cheapest to most expensive.

Parsons
$850
$1,141
$1,653
$1,324

How much do households earn in Parsons?

Under $25k
21.6%
$25k–50k
31.5%
$50k–100k
29.4%
$100k–150k
10.2%
$150k+
3.2%

Share of households by yearly income. 13.4% of households earn $100,000 or more.

Rent by apartment size in Parsons

SizeParsonsU.S. average
Studio$678$1,338
1 bedroom$571$1,324
2 bedrooms$873$1,509
3 bedrooms$1,048$1,698

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

How expensive is Parsons 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 Parsons, so the Kansas figure is shown.

Taxes and bills in Parsons

🏛️ Property tax$1,327a year · 1.85% of home value · U.S. $3,119
⚡ Electric bill$142a month (typical) · U.S. $156

Life in Parsons

Commute to work13.1 minU.S.: 26.4 min
College degree21.7%U.S.: 35.7%
Own their home68.7%U.S.: 65.2%
Below poverty line20.9%U.S.: 12.5%
Unemployment2.2%U.S.: 5.2%

Is it cheaper to rent or buy in Parsons?

Buying is cheaper month to month: about $353 a month less than renting.

Renting
$850
Owning
$497

Owning assumes a typical $71,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $7,170 for the down payment.

Frequently asked questions

What is the average rent in Parsons, KS?

Renting in Parsons costs a median of about $850 a month in 2026, including utilities. The Kansas median is $1,222.

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

To keep rent under 30% of income, you need about $34,000 a year, or $16 an hour at a full-time job.

Is Parsons cheap or expensive?

Parsons is rated Cheap: rent takes 18.0% of the typical household income of $56,544. It ranks 8th cheapest of 65 Kansas cities we track.

How much are property taxes in Parsons?

The median homeowner in Parsons pays $1,327 a year in property taxes, about 1.85% of the median home value.

Is Parsons 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 Parsons?

The median home value in Parsons is $71,700, about 1.3 times the typical yearly household income.

9,425 people live in Parsons. Numbers are typical (middle) values.