How much house can I afford on $40,000 in Kansas?
About $135,000 with 20% down ($109,000 with an FHA loan), using Kansas's 1.24% property tax rate.
That is $111,158 less than the typical Kansas home ($246,055), so on $40,000 you'd look at cheaper areas or a smaller home. The payment of $933 covers $726 principal and interest, $140 property tax and $67 insurance.
Counties in Kansas you can afford on $40,000
41 of 105 counties have a typical home value at or below $135,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bourbon County | $134,185 | +9.7% | 1.57% |
| Mitchell County | $133,773 | -4.5% | 1.66% |
| Lincoln County | $129,123 | +6.7% | 1.46% |
| Pratt County | $127,432 | +5.3% | 1.74% |
| Cherokee County | $127,211 | +5.0% | 1.22% |
| Rawlins County | $125,993 | +4.4% | 1.56% |
| Cowley County | $125,551 | +5.0% | 1.65% |
| Phillips County | $121,469 | +5.2% | 1.8% |
| Barton County | $120,046 | +8.6% | 1.68% |
| Rooks County | $120,006 | +2.9% | 1.93% |
| Meade County | $119,325 | +2.8% | 1.35% |
| Cloud County | $118,276 | +3.5% | 1.7% |
| Rice County | $117,458 | +8.6% | 1.52% |
| Smith County | $116,435 | +4.0% | 1.83% |
| Russell County | $116,405 | +10.2% | 1.86% |
| Allen County | $116,299 | +1.9% | 1.67% |
| Lane County | $113,388 | +10.7% | 1.32% |
| Norton County | $112,903 | -1.4% | 1.7% |
| Jewell County | $110,818 | +11.9% | 1.93% |
| Woodson County | $110,121 | +4.1% | 1.93% |
| Pawnee County | $109,195 | +5.0% | 2.03% |
| Neosho County | $109,150 | +4.1% | 1.47% |
| Republic County | $108,996 | -3.8% | 1.79% |
| Ness County | $106,985 | +8.7% | 1.95% |
| Graham County | $106,776 | +5.1% | 1.83% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 1.24% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Kansas
Frequently asked questions
How much house can I afford on $40,000 in Kansas?
About $135,000 with 20% down at 7.11%, keeping the payment (with Kansas's 1.24% property tax and insurance) under $933 a month.
Is $40,000 enough to buy a house in Kansas?
Not the typical home: the typical Kansas home is worth $246,055 (Zillow, September 2026) and $40,000 supports about $135,000. 41 of 105 counties are within budget.