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City · 6,577 residents · Pratt County, Kansas

Pratt , Kansas

In Pratt, a typical home is worth $107,500 and typical rent is $798 a month. Compared with all of Pratt County, the typical home value is 6% lower.

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  • Typical home value

    $107,500

    6% below the county

    51% below Kansas

    • Pratt
    • County
    • Kansas

  • Typical rent

    $798a month

    About the same as the county

    25% below Kansas

    • Pratt
    • County
    • Kansas

  • Typical household income

    $63,819a year

    3% below the county

    14% below Kansas

    • Pratt
    • County
    • Kansas

  • Households that own their home

    70%

    4 points below the county

    3 points above Kansas

    • Pratt
    • County
    • Kansas

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$127,503
4.6% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Pratt is in Pratt 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 Pratt County. See the county

Data updated: October 1, 2026 11 official sources

The homes here

Housing in Pratt

What homes there are in Pratt, 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

In Pratt, 8 in 10 homes are single-family detached houses, about the same as in Pratt County.

Year built

In Pratt, half of the homes were built before 1954; in Pratt County, before 1956.

There are fewer big homes in Pratt than in Pratt County: 55% have 3 bedrooms or more, against 58%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,183 a month

Pratt County: $1,266 a month

Without a mortgage

$633 a month

Pratt County: $606 a month

Owners with a mortgage

45%

Pratt County: 42%

The typical cost for an owner with a mortgage in Pratt is $1,183 a month, less than in Pratt County ($1,266); without one, $633.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Pratt rose 27% since 2015–2019, about the same as in Pratt County (25%).

Rents in Pratt rose at about the same pace as in Pratt County: 15% since 2015–2019, against 16%.

The typical household income in Pratt rose 28% over that time; home values changed +27% and rent +15%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePrattPratt CountyKansasUnited States
Rental vacancy Unreliable estimateUnreliable estimate6.2%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.1%3.4%
People per household 2.462.482.442.53
Drive alone 84%82%75%69%
Carpool Unreliable estimate7%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate3%3%
Work from home Unreliable estimate7%12%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute under 10 minutesunder 10 minutes10 to 19 minutes20 to 29 minutes

A household in Pratt has 2.46 people on average, about the same as in Pratt County (2.48).

The car rules in Pratt: 84% of workers drive to work alone, and the typical trip takes under 10 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Pratt?

A typical home is within reach of the typical income

We start with a typical home in Pratt, worth $107,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 18% of the typical household income in Pratt, which is $63,819 a year.

The calculator's FHA and conventional loan limits are those of all of Pratt County.

Your numbers

Local data
$

Starts at the typical home value in Pratt. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $3,763 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$967

at 7.18% · 30 years

Loan amount
$105,552
Total interest
$151,865
Paid off in
November 2056

Includes $1,815 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,489 a month

    Your payment · 18%

  • Tight

    $1,489 to $1,915 a month

  • Hard

    more than $1,915 a month

Compared with the typical household income in Pratt ($63,819 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$967
Principal & interest$715
Property tax$160
Home insurance$45
FHA mortgage insurance (MIP)$48

You need at least $3,763 for the down payment, plus closing costs.

Next step

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.

The city and its county

Pratt and Pratt County

Pratt is in Pratt 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).

Pratt's own numbers

Typical home value
$107,500
Typical monthly rent
$798
Typical yearly household income
$63,819
Households that own their home
70%
Effective property tax rate
1.78%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Pratt 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)
+36%

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 Pratt County.

Everything about Pratt County

Buying

Buying a home in Pratt

A typical home in Pratt is worth $107,500: 6% below the county and 51% below Kansas. With the typical household income in Pratt ($63,819 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.

  • Pratt 1.7 years
  • County 1.7 years
  • Kansas 2.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Pratt County

According to FHFA’s house price index, home prices in Pratt County rose 45% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Pratt County.

Period County Kansas U.S.
Last year (2025) −0.3% +4.1% +2.9%
5 years (2020–2025) +36% +49% +47%
10 years (2015–2025) +45% +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

Pratt next to Pratt 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
  • Pratt $107,500
  • County $114,600
  • Kansas $217,200
  • United States $332,700
Typical monthly rent
  • Pratt $798
  • County $802
  • Kansas $1,060
  • United States $1,413
Typical yearly household income
  • Pratt $63,819
  • County $66,022
  • Kansas $74,275
  • United States $80,734
See the full table
Pratt next to Pratt County and Kansas
Measure Pratt Pratt County Kansas U.S.
Typical home value $107,500 $114,600 $217,200 $332,700
Typical monthly rent $798 $802 $1,060 $1,413
Typical yearly household income $63,819 $66,022 $74,275 $80,734
Households that own their home 70% 73% 67% 65%
Typical yearly property tax $1,912 $1,993 $2,798 $3,119
Effective property tax rate 1.78% 1.74% 1.29% 0.94%
Renters with high rent for their income 47% 47% 43% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Pratt 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 Pratt

For a typical $107,500 home in Pratt, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Pratt's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $967a month

    Least cash to close
    Down payment
    $3,763
    Cash to close
    $6,988
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $48

  • Conventional, 5% down $947a month

    Down payment
    $5,375
    Cash to close
    $8,600
    Rate
    7.18%
    Mortgage insurance
    PMI · $51

  • Conventional, 20% down, no PMI $787a month

    Down payment
    $21,500
    Cash to close
    $24,725
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $886a month

    Down payment
    $16,125
    Cash to close
    $19,350
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Pratt and for Pratt County.

Property tax

Effective rate in Pratt

1.78%of the home’s value each year

$1,912 a year for the typical owner in Pratt.

  • Pratt 1.78%
  • County 1.74%
  • Kansas 1.29%

What Kansas publishes Residential exemption from the statewide school levy (Kansas Office of Revisor of Statutes (Kansas Statutes Annotated))

Exemptions and deadlines in Kansas

Flood risk in Pratt County

FEMA does not publish these numbers by city: they are for all of Pratt County.

FEMA’s maps count no homes in the high-risk zone in Pratt County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Pratt

Typical rent in Pratt is $798 a month: about the same as the county. In Pratt, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Pratt 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.

HUD fair market rent for all of Pratt County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $707 $13.60 $28,280
1 bedroom $805 $15.48 $32,200
2 bedrooms $961 $18.48 $38,440
3 bedrooms $1,331 $25.60 $53,240
4 bedrooms $1,386 $26.65 $55,440

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 Pratt

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Pratt is in ZIP code 67124.

For 2 bedrooms it is $960: $1 less than the fair market rent for Pratt County ($961).

  • 67124 $960$1,330

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Pratt 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Pratt

HUD lists one building with rents for lower incomes in Pratt.

  • Hillside Terrace Apts 414 Watson St, Pratt 67124 60 low-income homes · For older adults (620) 672-5052

See all 1 buildings in Pratt County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Pratt

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 Pratt County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Pratt

No down payment, repair or rent-help program on our list is for Pratt or Pratt County. The ones below are statewide in Kansas: they work in Pratt the same as in the rest of the state.

Which programs do I qualify for? All programs in Kansas

  • First Time Homebuyer Program

    Statewide in Kansas

    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).

    Forgivable

    See the program Official page

Housing counselors near Pratt

The HUD-approved agencies closest to the center of Pratt, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Catholic Charities of Southwest Kansas

    804 N 2nd Ave, Dodge City · 69 miles away · Spanish

    Also serves in Creole, French, and Swahili.

    • Budget and financial counseling
    • Home improvement and repairs
    • and 4 more
    (620) 227-1562

  • Cambridge Credit Counseling Corporation - Wichita Branch

    727 N Waco Ave, Wichita · 78 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (800) 757-1788

  • Community Housing of Wyandotte County, Inc.

    2 S 14th St, Kansas City · 243 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 3 more
    (913) 342-7580

All counseling agencies in Kansas

Help in Spanish near Pratt

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Pratt

HUD lists no housing authority with an office in Pratt County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Kansas Source: HUD

Cities

Nearby cities

The cities closest to Pratt, with the typical home value.

Everything about Pratt County Housing in Kansas

Neighboring counties

If Pratt County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Pratt.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Pratt

Short answers with the numbers for Pratt and all of Pratt 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 Pratt?

The typical home value in Pratt is $107,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Pratt County it is $114,600.

How much does it cost to rent in Pratt?

Typical rent in Pratt is $798 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Pratt County is $961.

What is the FHA loan limit in Pratt?

Pratt uses the FHA limit for all of Pratt 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 Pratt?

The typical homeowner in Pratt pays $1,912 a year, according to the U.S. Census Bureau. That is 1.78% of the home’s value; in Pratt County, the rate is 1.74%.

Where can I find free help to buy or rent in Pratt?

We found no HUD-approved counseling agencies with an office in Pratt County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).