Mortgage Rates in Emporia, Kansas — March 2026
Updated March 2026 | Based on Emporia market data and regional lending conditions
Emporia is a growing city in Kansas with a population of 24,334. The current 30-year fixed mortgage rate in Emporia is 6.32%, which is 0.33% below the national average. With a median home price of $115,000 and a 20% down payment of $23,000, homebuyers can expect a monthly principal and interest payment of approximately $571.
Current Mortgage Rates in Emporia, KS
Below are the current average mortgage rates available in the Emporia area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.32% | 6.65% | -0.33% |
| 15-Year Fixed | 5.56% | 5.89% | -0.33% |
| 5/1 ARM | 5.82% | 6.15% | -0.33% |
| FHA | 5.92% | 6.25% | -0.33% |
| VA | 5.72% | 6.05% | -0.33% |
| Jumbo | 6.52% | 6.85% | -0.33% |
Emporia Housing Market Overview
The Emporia housing market offers relatively affordable housing compared to many major cities. The median household income in Emporia is $34,000, and the cost of living index is 78 (national average = 100). Based on the 28% affordability rule, the median income in Emporia is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Emporia
Based on the median home price of $115,000 with 20% down ($23,000), here is what you can expect to pay monthly in Emporia:
15-Year vs. 30-Year Mortgage in Emporia
Choosing a 15-year mortgage in Emporia at 5.56% instead of a 30-year at 6.32% would save you $69,660 in total interest over the life of the loan. However, your monthly payment would be $755 instead of $571 — an increase of $184 per month.
Calculate Your Emporia Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Emporia
What are the current mortgage rates in Emporia, KS?
As of March 2026, the average 30-year fixed mortgage rate in Emporia, Kansas is 6.32%, while the 15-year fixed rate is 5.56%. FHA loans average 5.92% and VA loans 5.72%. These rates are 0.33% below the national average of 6.65%.
How much is a monthly mortgage payment in Emporia?
Based on the median home price of $115,000 with 20% down, the estimated monthly mortgage payment in Emporia is $571 for principal and interest. Including property taxes of $131/month, the total monthly housing cost is approximately $702.
What income do I need to buy a home in Emporia?
Using the 28% rule, you would need an annual income of approximately $30,086 to afford the median-priced home in Emporia at $115,000. The median household income in Emporia is $34,000. The median income is currently sufficient to meet this threshold.
Is Emporia a good place to buy a home in 2026?
Emporia offers a below-average cost of living with a cost of living index of 78 (national average = 100). The property tax rate in Kansas is 1.37%, which is near the national average. Emporia has a population of 24,334 and offers a very affordable lifestyle.
Mortgage Rates in Other Kansas Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Emporia, Kansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.