6 Cheap Apartments for rent in Junction City, KS

Last updated September 18 at 9:19AM
Results within 20 miles of Junction City, KS
114 S Riley St
Riley City
Riley, KS
Updated September 16 at 9:32AM
2 Bedrooms
$550
711 S. Juliette Ave.Unit 3
South Manhattan
Manhattan, KS
Updated September 10 at 9:55AM
1 Bedroom
$495
112 S Riley St
Riley City
Riley, KS
Updated September 16 at 1:44AM
2 Bedrooms
$500
2441 Anderson
Manhattan
Manhattan, KS
Updated September 16 at 10:13AM
1 Bedroom
$550
2443 Anderson
Manhattan
Manhattan, KS
Updated September 18 at 9:19AM
1 Bedroom
$550
716 N. 8th
East Park
Manhattan, KS
Updated August 24 at 12:40PM
1 Bedroom
$575
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Rent Report
Junction City

September 2017 Junction City Rent Report

Welcome to the September 2017 Junction City Rent Report. In this report, we'll evaluate trends in the Junction City rental market, including comparisons to similar cities nationwide.

Junction City rents increase sharply over the past month

Junction City rents have increased 1.0% over the past month, but are down moderately by 2.4% in comparison to the same time last year. Currently, median rents in Junction City stand at $590 for a one-bedroom apartment and $790 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Junction City's year-over-year rent growth lags the state average of 2.0%, as well as the national average of 3.0%.

Junction City rents more affordable than many large cities nationwide

As rents have fallen in Junction City, many large cities nationwide have seen prices increase, in some cases substantially. Junction City is still more affordable than most large cities across the country.

  • Junction City's median two-bedroom rent of $790 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 2.4% decline in Junction City.
  • While rents in Junction City fell over the past year, many cities nationwide saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%).
  • Renters will find more reasonable prices in Junction City than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly four times the price in Junction City.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.