In Arkansas City, a typical home is worth $86,800 and typical rent is $781 a month. Compared with all of Cowley County, the typical home value is 28% lower, typical household income is 14% lower, and the share of households that own their home is 12 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $72,239 to $97,504.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Arkansas City is in Cowley County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cowley County. See the county
What this place has that others do not, from public data, most unusual first.
1
Arkansas City has the 3rd lowest typical household income of the 65 cities in Kansas with more than 5,000 people ($49,629).
2
The typical home in Arkansas City is worth $86,800,28% less than in Cowley County as a whole ($120,900).
3
57% of households in Arkansas City own their home, against 68% in Cowley County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Arkansas City
What homes there are in Arkansas City, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Arkansas City
Cowley County
Kansas
United States
Kind of home: Arkansas City and its comparisons
Measure
Arkansas City
Cowley County
Kansas
United States
Detached house
71%
75%
72%
61%
Attached house
Unreliable estimate
1%
5%
6%
Building of 2 to 4
11%
8%
6%
8%
Apartments (5 or more)
13%
8%
13%
19%
Mobile home
Unreliable estimate
8%
4%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Arkansas City, 7 in 10 homes are single-family detached houses; in Cowley County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Arkansas City
Cowley County
Kansas
United States
Year built: Arkansas City and its comparisons
Measure
Arkansas City
Cowley County
Kansas
United States
Before 1960
63%
49%
32%
26%
1960–1979
21%
21%
24%
24%
1980–1999
10%
20%
23%
25%
2000–2009
Unreliable estimate
6%
12%
14%
2010 or later
3%
4%
9%
11%
The typical home in Arkansas City was built in 1953, 8 years before the typical one in Cowley County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K60%
$100K–$200K30%
$200K–$300K7%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Arkansas City and its comparisons
Measure
Arkansas City
Under $100K
60%
$100K–$200K
30%
$200K–$300K
7%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50015%
$500–$99967%
HUD fair market rent, 2 bedrooms: $961
$1,000–$1,49915%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Arkansas City and its comparisons
Measure
Arkansas City
Under $500
15%
$500–$999
67%
$1,000–$1,499
15%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
By rent, most homes in Arkansas City cost less than HUD's 2-bedroom fair market rent ($961): about 76%.
With a mortgage
$1,149 a month
Cowley County: $1,295 a month
Without a mortgage
$465 a month
Cowley County: $576 a month
Owners with a mortgage
51%
Cowley County: 52%
In Arkansas City, 51% of owners have a mortgage, and their typical cost is $1,149 a month, against $1,295 in Cowley County. Without one it drops to $465.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Arkansas City+35%
Cowley County+36%
Kansas+43%
United States+53%
Typical rent
Arkansas City+17%
Cowley County+17%
Kansas+25%
United States+33%
Typical household income
Arkansas City+17%
Cowley County+16%
Kansas+25%
United States+29%
Change since 2015–2019: Arkansas City and its comparisons
Measure
Arkansas City
Cowley County
Kansas
United States
Typical home value
+35%
+36%
+43%
+53%
Typical rent
+17%
+17%
+25%
+33%
Typical household income
+17%
+16%
+25%
+29%
From 2015–2019 to 2020–2024, home values in Arkansas City rose at about the same pace as in Cowley County: 35% against 36%.
Much as in Cowley County, the typical rent in Arkansas City rose 17% since 2015–2019.
To compare: typical income in Arkansas City rose 17%; the home, +35%; the rent, +17%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Arkansas City and its comparisons
Measure
Arkansas City
Cowley County
Kansas
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
6.2%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
1.5%
2.1%
3.4%
People per household
2.34
2.40
2.44
2.53
Drive alone
76%
78%
75%
69%
Carpool
18%
14%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
0%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
3%
5%
12%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
Much as in Cowley County, a household in Arkansas City has 2.34 people on average.
Carpooling is common in Arkansas City: 18% of workers get to work that way, against 14% in Cowley County.
Do the math
What would you pay each month for a home in Arkansas City?
A typical home is within reach of the typical income
We start with a typical home in Arkansas City, worth $86,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 19% of the typical household income in Arkansas City, which is $49,629 a year.
The calculator's FHA and conventional loan limits are those of all of Cowley County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Arkansas City. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $3,038 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$779
at 7.18% · 30 years
Loan amount
$85,228
Total interest
$122,623
Paid off in
November 2056
Includes $1,466 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,158 a month
Your payment · 19%
Tight
$1,158 to $1,489 a month
Hard
more than $1,489 a month
Compared with the typical household income in Arkansas City ($49,629 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$577
Property tax
$127
Home insurance
$36
FHA mortgage insurance (MIP)
$38
You need at least $3,038 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $779; principal and interest $577.
The city and its county
Arkansas City and Cowley County
Arkansas City is in Cowley County, Kansas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Arkansas City
Map of Cowley County, Kansas, with Arkansas City marked. Around it, the neighboring counties.
Arkansas City
Cowley County
Other cities with a page
Arkansas City's own numbers
Typical home value
$86,800
Typical monthly rent
$781
Typical yearly household income
$49,629
Households that own their home
57%
Effective property tax rate
1.76%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Cowley County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$961
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
2.7%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cowley County.
A typical home in Arkansas City is worth $86,800: 28% below the county and 60% below Kansas. With the typical household income in Arkansas City ($49,629 a year), a typical home costs 1.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Arkansas City1.7 years
Cowley2.1 years
Kansas2.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Cowley County
According to FHFA’s house price index, home prices in Cowley County rose 72% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Cowley County.
Yearly change in FHFA’s price index in Cowley County, 2016 to 2025
2016: +7.6% +7.6% 2016
2017: −0.3% −0.3% 2017
2018: +2.8% +2.8% 2018
2019: +2.8% +2.8% 2019
2020: +4.6% +4.6% 2020
2021: +11.9% +11.9% 2021
2022: +12.3% +12.3% 2022
2023: +6.5% +6.5% 2023
2024: +5.2% +5.2% 2024
2025: +3.1% +3.1% 2025
Change in FHFA’s price index in Cowley County, Kansas and the United States
Period
County
Kansas
U.S.
Last year (2025)
+3.1%
+4.1%
+2.9%
5 years (2020–2025)
+45%
+49%
+47%
10 years (2015–2025)
+72%
+84%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Arkansas City next to Cowley County, Kansas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Arkansas City$86,800
Cowley$120,900
Kansas$217,200
United States$332,700
Typical monthly rent
Arkansas City$781
Cowley$809
Kansas$1,060
United States$1,413
Typical yearly household income
Arkansas City$49,629
Cowley$57,878
Kansas$74,275
United States$80,734
See the full table
Arkansas City next to Cowley County and Kansas
Measure
Arkansas City
Cowley County
Kansas
U.S.
Typical home value
$86,800 ▼28% below the county
$120,900
$217,200
$332,700
Typical monthly rent
$781 ▼3% below the county
$809
$1,060
$1,413
Typical yearly household income
$49,629 ▼14% below the county
$57,878
$74,275
$80,734
Households that own their home
57% ▼12 points below the county
68%
67%
65%
Typical yearly property tax
$1,531 ▼23% below the county
$1,999
$2,798
$3,119
Effective property tax rate
1.76% ▲0.11 points above the county
1.65%
1.29%
0.94%
Renters with high rent for their income
56% ▲5 points above the county
51%
43%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cowley County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Arkansas City
For a typical $86,800 home in Arkansas City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Arkansas City's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$779a month
Least cash to close
Down payment
$3,038
Cash to close
$5,642
Rate
7.18%
Mortgage insurance
FHA MIP · $38
Conventional, 5% down$763a month
Down payment
$4,340
Cash to close
$6,944
Rate
7.18%
Mortgage insurance
PMI · $41
Conventional, 20% down, no PMI$634a month
Down payment
$17,360
Cash to close
$19,964
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$714a month
Down payment
$13,020
Cash to close
$15,624
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Arkansas City
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$779
$3,038
$85,228
7.18%
FHA MIP · $38
$5,642
580
Conventional, 5% down
$763
$4,340
$82,460
7.18%
PMI · $41
$6,944
620*
Conventional, 20% down, no PMI
$634
$17,360
$69,440
7.18%
None
$19,964
620*
ITIN, 15% down (example)
$714
$13,020
$73,780
8.18%
None
$15,624
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Arkansas City is $781 a month: 3% below the county. In Arkansas City, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Cowley County, by unit size. To pay the 2-bedroom one ($961 a month) without spending more than 30% of your income, you would need to earn $18.48 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Cowley County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$707
$13.60
$28,280
1 bedroom
$735
$14.13
$29,400
2 bedrooms
$961
$18.48
$38,440
3 bedrooms
$1,269
$24.40
$50,760
4 bedrooms
$1,437
$27.63
$57,480
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Arkansas City
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Arkansas City is in ZIP code 67005.
For 2 bedrooms it is $980: $19 more than the fair market rent for Cowley County ($961).
Fair market rent by ZIP code and size in Arkansas City, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
67005
$720
$750
$980
$1,290
$1,470
ZIP code2 bd3 bd
67005 $980$1,290
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Arkansas City when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Cowley County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Arkansas City or Cowley County. The ones below are statewide in Kansas: they work in Arkansas City the same as in the rest of the state.
Kansas state corporation 0% loan for 15% or 20% of the price for the down payment and closing costs, forgiven after 10 years in the home, for households with income up to 80% of the area median; not available in Johnson County or in Kansas City, Lawrence, Topeka and Wichita.Offered by Kansas Housing Resources Corporation (KHRC).
The HUD-approved agencies closest to the center of Arkansas City, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Arkansas City or Cowley County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Arkansas City and all of Cowley County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Arkansas City?
The typical home value in Arkansas City is $86,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cowley County it is $120,900.
How much does it cost to rent in Arkansas City?
Typical rent in Arkansas City is $781 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cowley County is $961.
What is the FHA loan limit in Arkansas City?
Arkansas City uses the FHA limit for all of Cowley County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Arkansas City?
The typical homeowner in Arkansas City pays $1,531 a year, according to the U.S. Census Bureau. That is 1.76% of the home’s value; in Cowley County, the rate is 1.65%.
Where can I find free help to buy or rent in Arkansas City?
We found no HUD-approved counseling agencies with an office in Cowley County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
