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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

South Hutchinson, KS Housing Affordability Index

South Hutchinson, Kansas has an MBR Housing Affordability Index score of 114.5 (More Affordable Than Average) as of October 30, 2026, ranking 510th most affordable of 542 scored Kansas cities, compared with 120.0 statewide and 97.4 nationally. On a median-priced $151,000 home with 20% down, the Kansas average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $829, or 20% of the city’s $50,441 median household income.

The MBR Housing Affordability Index (MBR-HAI) for South Hutchinson is updated every night from live Kansas mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

South Hutchinson MBR-HAI 114.5 More Affordable Than Average
Rank in Kansas 510 of 542 1 = most affordable
Kansas 120.0 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Kansas lenders
Median home value $151,000 U.S. Census Bureau

South Hutchinson is 5.6 points below the Kansas score. Scores as of October 30, 2026. See the Kansas index

View South Hutchinson Mortgage Rates

See What You Can Afford in South Hutchinson, Kansas

Use this South Hutchinson, Kansas home affordability calculator to see how much house you can afford at today’s Kansas average 30-year mortgage rate of 7.31%. A household earning the South Hutchinson median income of $50,441, with no other debts and $30,000 down, can afford a home of about $156,862, compared with a median home value of $151,000. Buying the median priced home with 20% down takes a household income of about $46,000 once property tax and insurance are counted.

South Hutchinson median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Kansas average, 30-year fixed
South Hutchinson median bill (Census)
Estimate; use your quote
You can afford a home up to
$156,862
At or above the South Hutchinson median home value of $151,000
Loan amount$126,862
Principal & interest$871/mo
Property tax$188/mo
Home insurance$65/mo
PMI$53/mo
Total monthly payment$1,177/mo
Compare South Hutchinson Mortgage Rates

How much house can you afford in South Hutchinson?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In South Hutchinson, property taxes run about 1.44% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $2,390 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in South Hutchinson

$829/mo
Principal & Interest
Median home, 20% down, 7.31%
$35,500
Income Needed
To keep principal and interest at 28% of income
$50,441
Median Household Income
Kansas: $74,275
3.0x
Price-to-Income Ratio
Kansas: 2.9x
$1,103/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,174/yr
Median Property Tax
1.44% of median value
34.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
45.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for South Hutchinson, Kansas. The rate is the Kansas average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the South Hutchinson Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. South Hutchinson, Kansas score: 114.5 (More Affordable Than Average), ranked 510 of 542 Kansas cities. monitorbankrates.com/housing-affordability-index/kansas/south-hutchinson”