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City Report · KS

Park City

Pop. 7,673·13th most expensive in Kansas·One of the most affordable rental markets in the US
Median rent (all units)
$1,340/mo
Year-over-Year
Stable
Month-over-Month
+6.3%
vs US Median
-$625
Rising (Monthly)
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Most AffordableMost Expensive
Park City · $1,340
More affordable than 85% of US cities · National median $1,965/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,340/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$54,000/yr
Local median income
$74,301/yr
Based on the 30%-of-income rule using Park City's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$760
1 BR
$840
2 BR
$1,100
3 BR
$1,440
4 BR+
$1,760
Research median
$1,100/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,080/yr
At $1,340/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +6.3% MoM), not inventory.
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Demographics

Who lives here

Park City, KS is majority owner-occupied, 27.3% of residents hold a bachelor's degree or higher.

Population
7,673
Median income
$74,301
Median age
35
Renters
24.7%
Age distribution
24.4%
25.7%
29.2%
Under 1824.4%
18–3425.7%
35–5429.2%
55–649.6%
65+11.2%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
81.4%
White81.4%
Black7%
Hispanic5.7%
Asian3%
Other2.8%
Education (25+)
24.2%
43.6%
27.3%
No HS diploma4.9%
HS diploma24.2%
Some college43.6%
Bachelor's+27.3%
Housing tenure
75.3%
24.7%
Owner75.3%
Renter24.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Park City, KS has changed in 5 years

Income
$71,045 → $74,301
up 4.6%
Population
7,817 → 7,673
down 1.8%
Renter share
18.8% → 24.7%
+5.9 pts
Bachelor's+
23.3% → 27.3%
+4.0 pts
Median age
34.3 → 35
+0.7 yrs

Median household income climbed from $71,045 to $74,301 between 2021 and 2024, a 4.6% shift. Census counts show Park City, KS losing about 144 residents over the five-year window, down 1.8% on net. The renter share has risen from 18.8% to 24.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 23.3% to 27.3% across the same window.

Community

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View Park City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Park City on your salary?

At $1,340/mo, how Park City rent compares to typical pay (30% rule).

By apartment size

Park City rent by bedroom count

Median rent for each apartment size in Park City. Click any size for full breakdown.

Local insights

Tips for renters in Park City

About renting in Park City, KS

Last updated: July 20, 2026

The median rent in Park City is $1,340/mo as of July 2026. A studio apartment averages $760/mo while a 2-bedroom runs $1,100/mo. One-bedroom apartments average $840/mo and 3-bedroom units go for $1,440/mo.

At 22% of local median household income ($74,301/yr), Park City ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Park City an affordable city for renters?

Park City is considered very affordable for renters. At $1,340/mo, rent takes approximately 22% of the local median household income ($74,301/yr). The standard benchmark is 30%. Park City falls comfortably within that range.

How much income do you need to rent in Park City?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,340/mo in Park City. The local median household income is $74,301/yr, meaning the typical Park City household meets that threshold.

Is rent going up or down in Park City?

Rent in Park City has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Park City rent compare to other cities in Kansas?

Park City is middle-of-the-pack for Kansas for rent, ranking #13 out of 25 tracked cities at $1,340/mo.

Which nearby cities are cheaper to rent in than Park City?

Several nearby cities have lower median rents than Park City ($1,340/mo): Newton ($1,051/mo), Wichita ($1,146/mo).

What percentage of Park City residents rent vs. own?

According to Census data, approximately 24.7% of Park City households are renters, while 75.3% are owner-occupied. Park City leans toward homeownership, which can mean a smaller rental inventory.

How does Park City rent compare to the national average?

Park City's median rent of $1,340/mo is $625 (32%) below the US national median of $1,965/mo. Within Kansas, it ranks #13 out of 25 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,340/mo, rent takes ~22% of Park City's median household income ($74,301/yr). The standard benchmark is 30%.

Park City 22%Benchmark 30%
State income tax3.1–5.7%
Run the Park City affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Park City, KS

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