Mortgage payment estimates, closing cost breakdowns, and homebuying data for Topeka, Kansas.
Pre-filled with Topeka median home price and Kansas tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kansas rates and fees applied to Topeka prices.
The median home price in Topeka is $155,000, 31% below the Kansas state median of $225,000. With a population of 126,587, Topeka is a mid-size city 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 $155,000 home in Topeka would carry roughly $182/month in property taxes. Homeowners insurance in Kansas runs approximately $2,900 per year. This is within the normal range nationally.
Average rent in Topeka is $880/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Topeka over the long term.
Topeka 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.