Total monthly cost of ownership
Cost to Own a Home in Elkhart, Kansas
A $100,000 home here costs
$1,035per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $514. The real number is $521 higher every month — 101% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Elkhart against Morton County and Kansas
| Measure | Elkhart | Morton County |
|---|---|---|
| Median home value | $99,600 | $95,600 |
| Median property tax | $2,093 | $1,952 |
| Effective tax rate | 2.101% | 2.042% |
| Median gross rent | $637 | $637 |
| Population | 1,732 | 2,647 |
The weather behind that power bill
Elkhart sits in Morton County, which averages a high of 94.5°F in its hottest month and a low of 19.1°F in its coldest, with 17.67" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 1,393 cooling and 4,813 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Morton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Morton County
No other places of this size are published in Morton County.
Common questions
How much does it cost to own a home in Elkhart?
A $100,000 home in Elkhart, Kansas costs approximately $1,035 per month with 20% down at 6.66%. That is $514 principal and interest, $175 property tax, $58 homeowners insurance, $204 utilities and $83 set aside for maintenance.
What is the property tax rate in Elkhart?
Elkhart has an effective property tax rate of 2.101%, based on a median home value of $99,600 and median real estate taxes of $2,093. That is higher than the Morton County average of 2.042%.
What is the average home price in Elkhart?
The median owner-occupied home value in Elkhart, Kansas is $99,600, against $95,600 across Morton County.
Is it cheaper to rent or buy in Elkhart?
Median gross rent in Elkhart is $637 a month, against $1,035 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Elkhart — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kansas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.