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Overland Park vs Salina:
Housing Costs in Kansas

Side-by-side comparison of home prices, mortgage payments, and housing costs between Overland Park and Salina, Kansas. Using Kansas's 1.41% property tax rate and $2,900/year insurance. Updated for 2026.

MetricOverland ParkSalina
Median Home Price$385K$175K
Population197,23846,994
Average Rent$1,450/mo$850/mo
Est. Monthly Mortgage (P&I)$2,190/mo$996/mo
Est. Monthly Property Tax$452/mo$206/mo
Est. Monthly Insurance$242/mo$242/mo
Est. Total PITI$3,029/mo$1,508/mo
Price-to-Rent Ratio22.117.2
Verdict

Salina is significantly more affordable than Overland Park, with homes priced 55% lower on average. That translates to $1,521/month in savings on your total housing payment. For budget-conscious buyers in Kansas, Salina offers a much more accessible path to homeownership.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Kansas's 1.41% property tax rate.

Overland Park
Home Price$385,000
Down Payment (10%)$38,500
Loan Amount$346,500
Monthly P&I$2,190
Monthly Property Tax$452
Monthly Insurance$242
Monthly PMI$144
Total PITI$3,029/mo
Annual property tax: $5,429
Salina
Home Price$175,000
Down Payment (10%)$17,500
Loan Amount$157,500
Monthly P&I$996
Monthly Property Tax$206
Monthly Insurance$242
Monthly PMI$66
Total PITI$1,508/mo
Annual property tax: $2,468

Buying in Salina saves you approximately $1,521/month ($18,252/year) compared to Overland Park, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Salina is the better choice for first-time buyers, with a median price of $175K versus $385K in Overland Park. That's $210K less to save for a down payment. You'd need roughly $6K for an FHA 3.5% down payment in Salina, compared to $13K in Overland Park. Kansas offers the KHRC First-Time Homebuyer program (Up to 4% DPA) which applies in both cities.

Real Estate Investment

Salina has the better price-to-rent ratio at 17.2x versus 22.1x in Overland Park. A lower ratio generally signals better rental income relative to purchase price. Average rent in Salina is $850/month on a $175K median home, making it a stronger candidate for buy-and-rent investors.

Families

Overland Park (pop. 197,238) offers more amenities, schools, and services typical of a larger city, while Salina (pop. 46,994) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Salina, where lower housing costs free up more income for childcare, education, and savings.

Income Needed to Afford the Median Home

Overland Park
$130K
annual household income
Based on $3,029/mo PITI at 28% DTI
Salina
$65K
annual household income
Based on $1,508/mo PITI at 28% DTI

Other Cities in Kansas

Wichita$195K
Pop. 397,532 · Rent $1,020/mo
Kansas City$175K
Pop. 156,607 · Rent $980/mo
Olathe$365K
Pop. 141,290 · Rent $1,380/mo
Topeka$155K
Pop. 126,587 · Rent $880/mo
Lawrence$275K
Pop. 94,934 · Rent $1,120/mo
Manhattan$265K
Pop. 55,602 · Rent $1,080/mo
Lenexa$355K
Pop. 57,434 · Rent $1,350/mo
Shawnee$315K
Pop. 67,311 · Rent $1,280/mo

Explore Kansas

Kansas Mortgage Guide$225K median →
1.41% tax · $3K closing · $2,900/yr insurance
Run a Rent vs Buy analysis
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