Mortgage payment estimates, closing cost breakdowns, and homebuying data for Emporia, Kansas.
Median Home Price
$145K
Population
24K
Avg Monthly Rent
$750
Property Tax Rate
1.41% *
* Property tax shown is the Kansas state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Emporia.
Emporia vs Kansas Median
The median home price in Emporia is $145,000, which is 36% below the Kansas state median of $225,000.
Mortgage Calculator — Emporia, KS
Pre-filled with Emporia median home price and Kansas tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $145K home using Kansas's 1.41% tax rate and $2,900/yr insurance.
5% Down
$1,363/mo
Down: $7,250
Loan: $138K
P&I: $871
Tax: $170
Insurance: $242
PMI: $80
10% Down
$1,313/mo
Down: $14,500
Loan: $131K
P&I: $825
Tax: $170
Insurance: $242
PMI: $76
20% Down (No PMI)
$1,145/mo
Down: $29,000
Loan: $116K
P&I: $733
Tax: $170
Insurance: $242
Income needed (28% rule): $49K/year with 20% down, $56K/year with 10% down.
Rent vs Buy in Emporia
Rent
$750/mo
vs
Buy (10% down)
$1,313/mo
Price-to-rent ratio: 16.1 — A ratio between 15-20 means the rent vs buy decision in Emporia depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Emporia is $145,000, 36% below the Kansas state median of $225,000. With a population of 24,256, Emporia is a smaller market where home prices tend to be more accessible than in many parts of Kansas.
Property taxes in Kansas average 1.41% annually. This moderate property tax rate means a $145,000 home in Emporia would carry roughly $170/month in property taxes. Homeowners insurance in Kansas runs approximately $2,900 per year. This is within the normal range nationally.
Average rent in Emporia is $750/month. The price-to-rent ratio in Emporia is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Emporia offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Kansas's KHRC First-Time Homebuyer program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Emporia.