Much like its nearby areas, it is somewhat more expensive compared to the rest of the nation. However it's significantly more expensive compared to the city of Kansas City.
Home prices
The median home in Olathe is valued at $238,100. This is roughly $6,780 (2%) higher in comparison to its nearby areas.It is about $20,600 (9%) higher in comparison to the United States as a whole, and in comparison to the city of Kansas City is about $83,500 (54%) higher.
Rents
The median rent in Olathe is $1,019 a month. In comparison to its nearby areas this is is very similar.Compared to the United States as a whole it is approximately $43 (4%) lower, and compared to the city of Kansas City is roughly $78 (8%) higher.
Nearby places
Lenexa
Lenexa is Olathe's neighbor to the north. Real estate prices there are a bit more expensive. The cost of the median home in Lenexa is $260,900, which comes out to $22,800 (8%) higher than Olathe. Rents there are somewhat more expensive. In Lenexa the median rent is $1,148 a month, which is $129 (11%) higher than Olathe.
Overland Park
Overland Park is Olathe's neighbor to the east. Its real estate prices are a bit more expensive. The median home value in Overland Park is $276,100, which comes out to $38,000 (13%) higher than Olathe. Rent there is a little more expensive. The median monthly rent in Overland Park is $1,164, which comes out to $145 (12%) higher than Olathe.
De Soto
De Soto is Olathe's neighbor to the northwest. Housing prices there are pretty similar. The median home in De Soto costs $227,800, which comes out to $10,300 (4%) lower than Olathe. Rents there are a lot less expensive. In De Soto the median monthly rent is $763, which comes out to $256 (33%) lower than Olathe.
Spring Hill
Spring Hill is Olathe's neighbor to the south. The real estate prices there are a little less expensive. The median home in Spring Hill is valued at $202,700, which works out to $35,400 (17%) lower than Olathe. Its rents are a bit less expensive. In Spring Hill the median rent is $935 per month, which is $84 (8%) lower than Olathe.
Gardner
Gardner is about 6 miles southwest from Olathe. The housing prices there are a little less expensive. The median home in Gardner is valued at $189,100, which is $49,000 (25%) lower than Olathe. Its rents are similar. The median rent in Gardner is $1,066 a month, which works out to $47 (4%) higher than Olathe.
