Mortgage payment estimates, closing cost breakdowns, and homebuying data for Shawnee, Kansas.
Median Home Price
$315K
Population
67K
Avg Monthly Rent
$1,280
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 Shawnee.
Shawnee vs Kansas Median
The median home price in Shawnee is $315,000, which is 40% above the Kansas state median of $225,000.
Mortgage Calculator — Shawnee, KS
Pre-filled with Shawnee median home price and Kansas tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $315K home using Kansas's 1.41% tax rate and $2,900/yr insurance.
5% Down
$2,678/mo
Down: $15,750
Loan: $299K
P&I: $1,891
Tax: $370
Insurance: $242
PMI: $175
10% Down
$2,569/mo
Down: $31,500
Loan: $284K
P&I: $1,792
Tax: $370
Insurance: $242
PMI: $165
20% Down (No PMI)
$2,205/mo
Down: $63,000
Loan: $252K
P&I: $1,593
Tax: $370
Insurance: $242
Income needed (28% rule): $95K/year with 20% down, $110K/year with 10% down.
Rent vs Buy in Shawnee
Rent
$1,280/mo
vs
Buy (10% down)
$2,569/mo
Price-to-rent ratio: 20.5 — At a ratio above 20, renting may be more economical in Shawnee for shorter stays. Buying costs $1,289 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Shawnee is $315,000, 40% above the Kansas state median of $225,000. With a population of 67,311, Shawnee is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Kansas average 1.41% annually. This moderate property tax rate means a $315,000 home in Shawnee would carry roughly $370/month in property taxes. Homeowners insurance in Kansas runs approximately $2,900 per year. This is within the normal range nationally.
Average rent in Shawnee is $1,280/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Shawnee presents moderate affordability. The $315K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Shawnee.