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Housing in Murray

A typical Murray home is worth roughly $147,000

Typical home value
$147K
KS $250K
Estimate
2-bedroom rent
$1,100
a month, utilities in · HUD
Median tax bill
$1,803
KS $2,798

What kind of housing town is Murray?

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

★ What stands out · Affordability

A typical home costs 2.8 years of income

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

You could afford about
$194,000
Typical Murray home $147K

That covers a typical Murray home, with $46K to spare.

The typical home, each month
$920
Loan $730Tax $150Insurance $40

A two-bedroom rents for about $1,100 a month here, $180 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Murray’s typical property tax (1.22% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,100

Renters already here pay a median of $850, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810
1 bedroom$840
2 bedrooms$1,100
3 bedrooms$1,460
4 bedrooms$1,850
16%
of households rent · KS 33%
33
renter households
$850
median rent paid today · Census

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

The homes

84% of Murray households own their home

Half of Murray’s homes were built before 1979.

Owners and renters
Own 84%Rent 16%

Kansas: 67% own.

1979
typical home built · KS 1976
$1,803
median property tax bill · KS $2,798
1.22%
of a home’s value, a year in tax · KS 1.29%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

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What Murray buyers, sellers and renters are saying.

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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. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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