Olathe, KS Rental Market
Olathe is one of the fastest-growing cities in Kansas and the Johnson County seat, driven by Garmin's global headquarters, Black & Veatch's engineering campus, and a dense healthcare corridor centered on AdventHealth Olathe. As the southern anchor of the Johnson County suburb chain — alongside Overland Park — Olathe attracts young families and corporate professionals who prioritize excellent public schools, master-planned communities, and convenient highway access to the broader Kansas City metro.
Get a rent estimate for an address in OlatheAverage Rent in Olathe, KS
$1,250
per month · 2026-06
Market Score
Key Facts — Olathe, KS Rental Market
- Average rent in Olathe, KS:$1,250/mo
- Median rent:$1,150/mo
- Rent range:$625 – $2,750/mo
- Most common rental (2 bedrooms):$1,100/mo
- Active listings:480
- Avg days to lease:29 days
- Year-over-year change:+3.8%
- Median home value:$285,000
- Est. gross annual yield:5.3%
- Data as of:2026-06
Rent by Bedroom in Olathe, KS
Average monthly rent for each bedroom type based on current active listings in Olathe.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $900/mo |
2 Bedrooms | $1,100/mo |
3 Bedrooms | $1,400/mo |
4 Bedrooms | $1,725/mo |
5 Bedrooms | $1,975/mo |
Olathe Rental Market Statistics
Key indicators from the current Olathe, KS rental market.
480
Available now in Olathe
29
From list to lease
$0.96
Average across listings
1,300 sq ft
Typical rental size
$625 – $2,750
Min to max active listings
+3.8%
Avg rent vs. prior year
Investing in Olathe, KS Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$285,000
Typical purchase price in Olathe
Est. Gross Annual Yield
5.3%
Before expenses & vacancy
Avg Monthly Income
$1,250
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Olathe for a full cash-flow breakdown including all costs.
Olathe, KS Rental Market FAQ
Common questions about renting and investing in Olathe, KS.
What is the average rent in Olathe, KS?
The average rent in Olathe, KS is $1,250 per month as of 2026. One-bedroom apartments average $900/mo, two-bedrooms average $1,100/mo, and three-bedroom homes average $1,400/mo. Newer master-planned communities in south Olathe and neighborhoods zoned to Olathe School District's newer high schools command the highest demand and fastest lease-up.
Is Olathe, KS a good place to invest in rental property?
Olathe offers a 5.3% estimated gross annual yield with 3.8% year-over-year rent growth — among the strongest in Kansas. Garmin's global headquarters, Black & Veatch, and AdventHealth create a high-income, stable tenant base. Johnson County's renowned school districts generate demand for family-sized rentals with below-average vacancy. Median home values near $285,000 reflect the premium nature of the market but are accessible compared to coastal equivalents.
How competitive is the Olathe, KS rental market?
Olathe averages 29 days on market with approximately 480 active listings — a competitive, fast-moving suburban market. Demand is strongest in spring and early summer when corporate relocations and school-year planning drive leasing decisions. Three- and four-bedroom homes in established neighborhoods near Garmin's campus and the I-35 corridor consistently attract multiple qualified applicants within days of listing.
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