Similar to its nearby areas, it is significantly less expensive compared to the entire nation. However it's a bit less expensive compared to the city of Wichita.
Home prices
Cheney's median home value is $122,800. It is about $2,780 (2%) higher compared to the surrounding areas.Compared to the nation as a whole it is roughly $94,700 (43%) lower, and is approximately $10,600 (7%) lower compared to the city of Wichita.
Rents
Cheney's median rent is $874 a month. Compared to other places in this area it is approximately $15 (1%) higher.In comparison to the rest of the country it is approximately $188 (17%) lower, and it is about $65 (8%) higher compared to the city of Wichita.
Nearby places
Garden Plain
Garden Plain is approximately 5 miles east of Cheney. Real estate prices there are a little more expensive. The median home cost in Garden Plain is $154,200, which works out to $31,400 (20%) higher than Cheney. The rent there is a bit less expensive. The median monthly rent in Garden Plain is $725, which is $149 (20%) lower than Cheney.
Goddard
Goddard is about 10 miles east of Cheney. Its real estate prices are a little more expensive. The price of the median home in Goddard is $148,000, which comes out to $25,200 (17%) higher than Cheney. Its rents are a bit more expensive. In Goddard the median rent is $1,147 a month, which works out to $273 (23%) higher than Cheney.
Norwich
Norwich is approximately 12 miles south from Cheney. Its housing prices are substantially less expensive. The price of the median home in Norwich is $69,700, which is $53,100 (76%) lower than Cheney. Rent there is a bit less expensive. The median monthly rent in Norwich is $788, which works out to $86 (10%) lower than Cheney.
Andale
Andale is about 13 miles northeast from Cheney. Real estate prices there are a bit more expensive. The median home in Andale is valued at $160,800, which comes out to $38,000 (23%) higher than Cheney. Rent there is pretty similar. In Andale the median rent is $883 per month, which is $9 (1%) higher than Cheney.
Pretty Prairie
Pretty Prairie is approximately 15 miles northwest from Cheney. Its housing prices are a lot less expensive. The median home in Pretty Prairie is valued at $67,400, which is $55,400 (82%) lower than Cheney. The rent there is somewhat less expensive. Pretty Prairie's median rent is $754 a month, which works out to $120 (15%) lower than Cheney.
