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.
How much do households earn in Parsons?
Share of households by yearly income. 13.4% of households earn $100,000 or more.
Rent by apartment size in Parsons
| Size | Parsons | U.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).
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
Life in Parsons
Is it cheaper to rent or buy in Parsons?
Buying is cheaper month to month: about $353 a month less than renting.
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.