Compare Kansas City, MO mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Kansas City.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Kansas City. Plus, shopping lenders is free and there is no obligation.
October 26, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Kansas City. Understand how much you need to earn to afford a home in Kansas City, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Kansas City fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Kansas City is right for you.
The median home value for Kansas City, MO (Jackson County) is $226,486
Based on current mortgage rates and a 10% down payment, you need to make $47,249 per year to buy the median priced home in Kansas City
With this income, you could qualify for a $203,837 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Kansas City is $1,094
The median household income for Kansas City, MO (Jackson County) is $64,385
Based on this income, you can afford a home valued at approximately $308,631
The home price you can afford to buy based on household income in Kansas City is 136% of the median home value which means housing prices are average. Kansas City (Jackson County) ranks 103 out of 115 counties in Missouri and 2,200 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Kansas City, MO is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Kansas City (Jackson County) below.
Conforming loan limits for Kansas City, MO
FHA loan limits for Kansas City, MO