$1,025
Total Monthly Price
- 2 Beds
- 1 Bath
- 1,000 Sq Ft
- Condo for Rent
306 W 15th St Unit A, Hays, KS 67601
Frequently Asked Questions
How much does it cost to rent a home in Hays, KS?
The median rent for a home in Hays, KS is $1,025 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Hays, KS?
To comfortably afford the median rent in Hays, KS, a household needs to earn roughly $41,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,025 per month in Hays, KS, renters typically need to show $3,075 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hays, KS?
In Hays, KS, the price-to-rent ratio is 18.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
