Housing in Falls

A typical Falls home is worth roughly $89,000

Typical home value

$89K

KS $250K

Estimate

2-bedroom rent

$890

a month, utilities in · HUD

Median tax bill

$1,480

KS $2,798

What kind of housing town is Falls?

Read from the numbers below. The page puts what stands out first.

Your money goes further64% below the Kansas typical home.Older homesThe typical home was built around 1954, and 1 house is on the National Register.

★ What stands out · Affordability

A typical home costs 1.7 years of income

Less than across Kansas (3.4 years). Try your own numbers below.

You could afford about

$183,000

Typical Falls home $89K

That covers a typical Falls home, with $94K to spare.

The typical home, each month

$590

Loan $440Tax $120Insurance $30

A two-bedroom rents for about $890 a month here, $300 more than owning.

Where your budget reaches nearby

Strong$111K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Falls’s typical property tax (1.66% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

1 of Falls’s houses are on the National Register

Half of Falls’s homes were built before 1954.

History →

Owners and renters

Own 85%Rent 16%

Kansas: 67% own.

1954

typical home built · KS 1976

$1,480

median property tax bill · KS $2,798

1.66%

of a home’s value, a year in tax · KS 1.29%

of homes are seasonal or vacation homes

Historic houses in Falls

Wood HouseListed 1974

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Renting

A two-bedroom rents for about $890

Renters already here pay a median of $792, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$650

1 bedroom$720

2 bedrooms$890

3 bedrooms$1,200

4 bedrooms$1,290

16%

of households rent · KS 33%

renter households

27%

of renters spend 30%+ of income on rent · KS 44%

21%

of the median income, for a two-bedroom

$792

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chase County, KS): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Falls vs. its neighbors

The towns that share a border with Falls. Tap one to see its housing page.

Strong$111K Falls$89K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Falls	$89K*	—	$890	$51,542
Toledo	—	+0.5%†	$920	$100,486
Strong	$111K*	—	$1,090	$49,911

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Falls buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Falls still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.