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Mortgage Calculator &
Closing Costs: Manhattan, KS

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Manhattan, Kansas.

Median Home Price
$265K
Population
56K
Avg Monthly Rent
$1,080
Property Tax Rate
1.41%
Manhattan vs Kansas Median
The median home price in Manhattan is $265,000, which is 18% above the Kansas state median of $225,000.

Mortgage Calculator — Manhattan, KS

Pre-filled with Manhattan median home price and Kansas tax/insurance rates. Adjust for your property.

$
$53,000
%
%
years
KS avg
%
$
Monthly Payment (PITI)
$1,893
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$1,340
per month
Taxes & Insurance
$553
per month
Total Interest Paid
$270K
over 30 years
Total Loan Cost
$482K
all payments
Payment Breakdown
Loan Amount$212,000
Principal & Interest$1,340
Property Taxes$311
Homeowners Insurance$242
Total Monthly PITI$1,893

Closing Costs — Manhattan, KS

Estimated closing costs based on Kansas rates and fees applied to Manhattan prices.

$
%
Kansas: Avg closing costs 1.3% of price. Transfer tax: 0%.
Estimated Closing Costs
$10,997
4.1% of purchase price
Lender Fees
$2,333
origination, underwriting
Third-Party
$2,775
appraisal, title, inspection
Government Fees
$0
transfer taxes, recording
Prepaids + Escrow
$5,889
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$1,908
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$1,625
Recording Fee$150
Prepaid Taxes (3 mo)$934
Prepaid Insurance (12 mo)$2,900
Prepaid Interest (15 days)$637
Escrow Reserves$1,417
Total Closing Costs$10,997

Buying a Home in Manhattan, Kansas

The median home price in Manhattan is $265,000, 18% above the Kansas state median of $225,000. With a population of 55,602, Manhattan is a smaller market where home prices reflect strong demand and local economic factors.

Property taxes in Kansas average 1.41% annually. This moderate property tax rate means a $265,000 home in Manhattan would carry roughly $311/month in property taxes. Homeowners insurance in Kansas runs approximately $2,900 per year. This is within the normal range nationally.

Average rent in Manhattan is $1,080/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.

Manhattan presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Manhattan.
Rent vs Buy Calculator →
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