Topeka, KS housing market
Typical home value
$195K
▼ 0.4% 1 yr
Typical rent
$1,249/mo
▲ 4.3% 1 yr
Gross rent yield
7.7%
U.S. 6.3%
5-year home value change
+31%
U.S. +20%
Key takeaways
- 1The typical home in Topeka is worth $195,299, down 0.4% over the past year and up 31% over five years.
- 2Typical rent is $1,249 a month (+4.3% YoY), a gross rent yield of 7.7% (above the Topeka, KS metro's 6.9%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,073/mo, $176 less than typical rent.
- 4Zillow forecasts the Topeka, KS metro's home values to change +3.5% over the next 12 months.
Market temperature (Topeka, KS metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 54/100, #93 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Topeka compares
| Measure | Topeka | Topeka, KS metro | United States |
|---|---|---|---|
| Typical home value | $195,299 | $216,883 | $366,157 |
| Home value, 1-yr change | −0.4% | +1.2% | +1.2% |
| Typical rent | $1,249 | $1,250 | $1,932 |
| Rent, 1-yr change | +4.3% | +4.3% | +2.7% |
| Gross rent yield | 7.7% | 6.9% | 6.3% |
| Price-to-rent ratio | 13.0 | 14.5 | 15.8 |
| Mortgage P&I, typical home | $1,073 | $1,192 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Topeka rental, pre-filled.
Rent vs buy in Topeka
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $195K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.