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📊 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% 12-Mo Outlook:→ Neutral
$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

Wichita enters 2026 as a premier defensive stronghold for capital preservation and yield. With a

🔮 12-Month Predictive Outlook View All Markets →

Price Trend
→ Neutral
12-mo forecast: $181,271
Confidence: 92%
Rent Growth
→ Stable
12-mo forecast: $1,267/mo
Confidence: 90%
Emerging Score
57/100
Confidence: 92%
Price Momentum +2.1% YoY (national: +2.3%)
Days on Market 46 days (national avg: 38)
Predictions are rule-based forecasts based on price momentum, rent data, vacancy trends, and population growth. Not investment advice. See full rankings →

🏘️ 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 ItemRate / AmountEst. Annual CostMonthly 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: 7.6%
Above avg vacancy
2BR Median Rent
$1,250/mo
National avg: $1,753/mo
Days on Market
46 days
National avg: 38 days
Price Growth YoY
+2.1%
National avg: +2.3%

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.

🗺️ Nearby Markets in Kansas

No other markets in this state.

View all Kansas markets →
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