Mortgage Rates in Kansas City, Kansas — March 2026
Updated March 2026 | Based on Kansas City market data and regional lending conditions
Kansas City is a growing city in Kansas with a population of 156,607. The current 30-year fixed mortgage rate in Kansas City is 6.74%, which is 0.09% above the national average. With a median home price of $135,000 and a 20% down payment of $27,000, homebuyers can expect a monthly principal and interest payment of approximately $700.
Current Mortgage Rates in Kansas City, KS
Below are the current average mortgage rates available in the Kansas City 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 | 6.74% | 6.65% | +0.09% |
| 15-Year Fixed | 5.98% | 5.89% | +0.09% |
| 5/1 ARM | 6.24% | 6.15% | +0.09% |
| FHA | 6.49% | 6.25% | +0.24% |
| VA | 6.24% | 6.05% | +0.19% |
| Jumbo | 6.99% | 6.85% | +0.14% |
Kansas City Housing Market Overview
The Kansas City housing market offers relatively affordable housing compared to many major cities. The median household income in Kansas City is $42,000, and the cost of living index is 82.5 (national average = 100). Based on the 28% affordability rule, the median income in Kansas City is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Kansas City
Based on the median home price of $135,000 with 20% down ($27,000), here is what you can expect to pay monthly in Kansas City:
15-Year vs. 30-Year Mortgage in Kansas City
Choosing a 15-year mortgage in Kansas City at 5.98% instead of a 30-year at 6.74% would save you $88,200 in total interest over the life of the loan. However, your monthly payment would be $910 instead of $700 — an increase of $210 per month.
Calculate Your Kansas City 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 Kansas City
What are the current mortgage rates in Kansas City, KS?
As of March 2026, the average 30-year fixed mortgage rate in Kansas City, Kansas is 6.74%, while the 15-year fixed rate is 5.98%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.09% above the national average of 6.65%.
How much is a monthly mortgage payment in Kansas City?
Based on the median home price of $135,000 with 20% down, the estimated monthly mortgage payment in Kansas City is $700 for principal and interest. Including property taxes of $159/month, the total monthly housing cost is approximately $859.
What income do I need to buy a home in Kansas City?
Using the 28% rule, you would need an annual income of approximately $36,814 to afford the median-priced home in Kansas City at $135,000. The median household income in Kansas City is $42,000. The median income is currently sufficient to meet this threshold.
Is Kansas City a good place to buy a home in 2026?
Kansas City offers a below-average cost of living with a cost of living index of 82.5 (national average = 100). The property tax rate in Kansas is 1.41%, which is near the national average. Kansas City has a population of 156,607 and offers a very affordable lifestyle.
Mortgage Rates in Other Kansas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Kansas City, Kansas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.