$850 Per Month
- 2 Beds
- 1 Bath
- 880 Sq Ft
- House for Rent
700 S 5th St, Independence, KS 67301
Property Id: 2458446Newly remodeled 2-bedroom home on large lot in good neighborhood. New appliances and freshly painted surfaces.
Frequently Asked Questions
How much does it cost to rent a home in Independence, KS?
The median rent for a home in Independence, KS is $975 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Independence, KS?
To comfortably afford the median rent in Independence, KS, a household needs to earn roughly $39,000 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 $975 per month in Independence, KS, renters typically need to show $2,925 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 Independence, KS?
In Independence, KS, the price-to-rent ratio is 11.1, 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.
