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Colby, KS Home Values and Rents

The typical home value in Colby is $182,461, 75th highest of 200 cities and towns in Kansas. Median rent is $750 a month.

Typical home value
$182,461
75th of 200 in KS
Median rent
$750/mo
ACS 2020-2024
Price change, 1 year
+1.2%
Sep 2026
Homeownership
67.1%
KS: 67.2%

Typical home value in Colby

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodColby
Sep 2026$182,461
Dec 2025$181,612
Dec 2024$170,359
Dec 2023$159,997
Dec 2022$161,750
Dec 2021$152,991
Dec 2020$135,672
Dec 2019$127,539
Dec 2018$122,544
Dec 2017$117,184
Dec 2016$114,003

Over five years, Colby prices changed +22.0%.

Source: Zillow Research · Last updated 09/01/2026

Housing at a glance

American Community Survey 2020-2024 5-year estimates, compared with Kansas

Median home value
$163,000 · KS $217,200
Median gross rent
$750/mo · KS $1,060
Home value to income
2.6 times the median household income ($63,494)
Rent to income
A year of median rent equals 14% of median household income
Owner-occupied
67.1% of 2,131 households
Housing units
2,464
Vacancy rate
13.5%
Median year built
1969

Fair Market Rents, FY2027

HUD rent standard for Thomas County, KS

KS rents
Unit sizeMonthly rent
Studio$707
1 bedroom$759
2 bedrooms$961
3 bedrooms$1,154
4 bedrooms$1,418

Frequently asked questions

What is the typical home value in Colby, KS?
The typical home value in Colby is $182,461 (Zillow Home Value Index, Sep 2026). The Kansas median is $217,200.
How much is rent in Colby?
The median rent in Colby is $750 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $961.
Are home prices going up in Colby?
The typical home value in Colby changed +1.2% over one year and +22.0% over five years, as of Sep 2026.
How does Colby compare with the rest of Kansas?
Colby has the 75th highest median home value of 200 cities and towns with 1,000+ residents in Kansas.