Similar to its surrounding areas, it's a lot less expensive compared to the entire country. Compared to the city of Wichita, it's a lot less expensive.
Home prices
The median home in Cherokee costs $72,400. In comparison to its surrounding areas this is about $1,020 (1%) higher.It is approximately $145,100 (66%) lower compared to the nation as a whole, and it is approximately $61,000 (45%) lower compared to the city of Wichita.
Rents
The median monthly rent in Cherokee is $499. In comparison to the surrounding areas it is roughly $180 (26%) lower.It is approximately $563 (53%) lower in comparison to the entire country, and it is about $310 (38%) lower compared to the city of Wichita.
Nearby places
Jet
Jet is about 10 miles southeast from Cherokee. The real estate prices there are fairly similar. The cost of the median home in Jet is $70,000, which works out to $2,400 (3%) lower than Cherokee. The rent there is a bit more expensive. In Jet the median rent is $710 a month, which comes out to $211 (29%) higher than Cherokee.
Carmen
Carmen is about 13 miles south from Cherokee. The real estate prices there are substantially less expensive. The median home in Carmen costs $47,900, which comes out to $24,500 (51%) lower than Cherokee. The rent there is significantly more expensive. In Carmen the median rent is $843 a month, which works out to $344 (40%) higher than Cherokee.
Alva
Alva is roughly 15 miles west from Cherokee. Real estate prices there are somewhat more expensive. The median home cost in Alva is $94,900, which works out to $22,500 (23%) higher than Cherokee. The rent there is a bit more expensive. In Alva the median rent is $692 a month, which works out to $193 (27%) higher than Cherokee.
Helena
Helena is roughly 15 miles south of Cherokee. The housing prices there are pretty similar. The cost of the median home in Helena is $73,600, which comes out to $1,200 (1%) higher than Cherokee. Rents there are somewhat more expensive. The median rent in Helena is $625 per month, which works out to $126 (20%) higher than Cherokee.
Kiowa
Kiowa is roughly 19 miles north of Cherokee. Real estate prices there are pretty similar. The median home in Kiowa is valued at $70,500, which comes out to $1,900 (2%) lower than Cherokee. The rent there is pretty similar. The median monthly rent in Kiowa is $525, which works out to $26 (4%) higher than Cherokee.
