Wichita, KS Rental Market
Wichita is the self-proclaimed "Air Capital of the World," home to Spirit AeroSystems (the largest independent aerostructures manufacturer globally), Textron Aviation (Cessna and Beechcraft), and a major Boeing maintenance hub. This aviation manufacturing concentration creates a large blue-collar and engineering workforce that anchors consistent rental demand across all bedroom types. Wichita's very low median home values relative to its employment base generate above-average gross yields for patient investors.
Get a rent estimate for an address in WichitaAverage Rent in Wichita, KS
$980
per month · 2026-06
Market Score
Key Facts — Wichita, KS Rental Market
- Average rent in Wichita, KS:$980/mo
- Median rent:$902/mo
- Rent range:$500 – $2,150/mo
- Most common rental (2 bedrooms):$875/mo
- Active listings:1,200
- Avg days to lease:34 days
- Year-over-year change:+2.8%
- Median home value:$175,000
- Est. gross annual yield:6.7%
- Data as of:2026-06
Rent by Bedroom in Wichita, KS
Average monthly rent for each bedroom type based on current active listings in Wichita.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $700/mo |
2 Bedrooms | $875/mo |
3 Bedrooms | $1,100/mo |
4 Bedrooms | $1,350/mo |
5 Bedrooms | $1,550/mo |
Wichita Rental Market Statistics
Key indicators from the current Wichita, KS rental market.
1,200
Available now in Wichita
34
From list to lease
$0.78
Average across listings
1,250 sq ft
Typical rental size
$500 – $2,150
Min to max active listings
+2.8%
Avg rent vs. prior year
Investing in Wichita, KS Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$175,000
Typical purchase price in Wichita
Est. Gross Annual Yield
6.7%
Before expenses & vacancy
Avg Monthly Income
$980
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 Wichita for a full cash-flow breakdown including all costs.
Wichita, KS Rental Market FAQ
Common questions about renting and investing in Wichita, KS.
What is the average rent in Wichita, KS?
The average rent in Wichita, KS is $980 per month as of 2026 — the most affordable large-city rental market in Kansas. One-bedroom apartments average $700/mo, two-bedrooms average $875/mo, and three-bedroom homes average $1,100/mo. East Wichita near the College Hill and Eastborough areas commands slightly higher rents, while west and north Wichita neighborhoods near aviation plants offer more affordable options.
Is Wichita, KS a good place to invest in rental property?
Wichita offers a 6.7% estimated gross annual yield with median home values near $175,000 — among the lowest of any metro with over 300,000 people. Spirit AeroSystems, Textron Aviation (Cessna/Beechcraft), and Boeing's large MRO presence provide thousands of manufacturing and engineering jobs that generate steady blue-collar and professional rental demand. Steady 2.8% year-over-year rent growth reflects a stable, if not rapid-growth, market.
How competitive is the Wichita, KS rental market?
Wichita has approximately 1,200 active listings and averages 34 days on market — a well-supplied market that provides tenants with choices while keeping well-maintained properties occupied. Neighborhoods near Wichita State University attract student and faculty demand, while areas near Spirit AeroSystems and the McConnell AFB corridor see consistent working-class demand. Pricing competitively against comparable units is essential given the market's broad inventory.
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