📊 Kansas · Housing Market 2026
Wichita Housing Market Data 2026
Median prices, cap rates, rent benchmarks, and investment outlook for Wichita, Kansas — data sourced from Zillow, HUD FMR, and Census ACS.
🟡 Moderate Market
Median Price:$178,000
Cap Rate:8.1%
Vacancy:8.8%
$178,000
Median Home Price
YoY: +2.1%
8.1%
Avg Cap Rate
Cash-on-cash: 7.3%
$1,250
Median Rent (2BR/mo)
YoY: +1.4%
8.8%
Vacancy Rate
High — watch carefully
46 days
Days on Market
Moderate pace
$178,000 / 8.1%
Price / Cap Rate
🟡 Moderate Market
📈 Market Analysis — Wichita, KS
As of 2026, Wichita, Kansas, remains one of the most resilient "cash flow" sanctuaries in
🏘️ Rent Breakdown — HUD Fair Market Rents
HUD Fair Market Rent represents the 40th percentile of gross rents paid by recent movers in Wichita. Used as a benchmark for Section 8 voucher limits and rental market analysis.
| Bedroom Count | Monthly Rent (HUD FMR) | Annual Rental Income | Est. Cap Rate at Median Price |
|---|---|---|---|
| 1 Bedroom | $960/mo | $11,520/yr | 4.5% est. |
| 2 Bedrooms | $1,250/mo | $15,000/yr | 5.9% est. |
| 3 Bedrooms | $1,670/mo | $20,040/yr | 7.9% est. |
* Estimated cap rate uses the 70% rule (30% reserved for expenses). Actual cap rates vary by property and management style.
💰 Cost of Investing in Wichita
| Cost Item | Rate / Amount | Est. Annual Cost | Monthly Cost |
|---|---|---|---|
| Property Tax | 1.4% effective rate | $2,403 | $200/mo |
| Homeowners Insurance | Kansas avg premium | $2,100 | $175/mo |
| Total Tax + Insurance | Based on median home price of $178,000 | $375/mo | |
These figures reflect state-level averages. Property tax rates vary by county; insurance costs vary by property type, age, and claims history. Source: Tax Foundation (2025), NAIC (2024).
⚖️ How Wichita Compares to National Averages
Avg Cap Rate
8.1%
National avg: 5.5%
✓ Above average
Median Home Price
$178,000
National avg: $371,696
✓ More affordable
Vacancy Rate
8.8%
National avg: 7.8%
Above avg vacancy
2BR Median Rent
$1,250/mo
National avg: $1,469/mo
Days on Market
46 days
National avg: 41 days
Price Growth YoY
+2.1%
National avg: +3.6%
National averages calculated across all 69 tracked US investor markets. A cap rate above the national average suggests stronger cash flow potential relative to purchase price.
🛠️ Tools for Analyzing Wichita Deals
Cap Rate Calculator
Calculate cap rate from NOI and property price
Cash Flow Calculator
Monthly cash flow after all expenses
Property Analysis
AI-powered deal analysis with Wichita market context
Should I Buy This?
Instant AI due diligence with market benchmarks
Rental Optimization
Optimize rents with HUD FMR data for Wichita
Market Intelligence
Full AI market report for Wichita, KS
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