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Rental Market Trends in McPherson, KS

What is the average rent in Mcpherson, KS?

$865/month

Average Rent

567 Sq Ft

Average Apartment Size

+9.6%

Increase in the Last Year

As of May 2025, the average rent in Mcpherson, KS is $865 per month. This is 47% lower than the national average rent of $1,627/month, making renting in Mcpherson more affordable than most cities in the US. When you rent an apartment in Mcpherson, you can expect to pay about per month for a studio, $865 for a one-bedroom apartment, and around $956 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,100 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$865/month
567 Sq Ft
Two Bedroom
$956/month
776 Sq Ft
Three Bedroom
$1,100/month
1,110 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Mcpherson, KS?

In the past year, rent has increased by 9.6%, which averages out to $84 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Mcpherson, KS?

Because the average rent in Mcpherson is $865, you’ll want to make about $2,883 per month or $34,596 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Mcpherson, KS

30 Available Apartments for Rent

Search for Nearby Apartments

How does Mcpherson, KS compare to other nearby cities and neighborhoods?

Use the tool below to compare Mcpherson, KS to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Mcpherson, KS

Apartment Averages

Apartment communities in Mcpherson we think you'll love

Park Ridge Apartments

Park Ridge Apartments

1715 N Main St,
Mcpherson, KS 67460

1-3 Beds | $955 - $1,135

Northridge Crossing Apartments and Townhomes

Northridge Crossing Apartments and Townhomes

507 E Northview Ave,
McPherson, KS 67460

1-3 Beds | $825 - $1,200

523 N Ash St

523 N Ash St

523 N Ash St,
Mcpherson, KS 67460

3 Beds | $1,045 - $1,055

1409 Genesis Dr

1409 Genesis Dr

1409 Genesis Dr,
McPherson, KS 67460

1 Bed | $1,175

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United States Kansas Mcpherson Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity