Rental market trends in Wichita, KS
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Average Apartment Cost in Wichita, KS
Apartment Rent Ranges in Wichita, KS
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
15% | 24% | 29% | 21% | 12% |
Neighborhood Apartment Rent Trends in Wichita, KS
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| South Wichita | $1,230 | +8% |
| Downtown | $960 | -5% |
| Central - Northeast Wichita | $925 | -- |
| Fairmount | $925 | -- |
| Southwest Wichita | $800 | -- |
| Westlink | $699 | 0% |
| McCormick | $645 | -- |
| Historic Midtown | $590 | +15% |
| Indian Hills Riverbend | $540 | -- |
| South Central | $375 | 0% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Northeast K-96 | $1,091 | +3% |
| Downtown | $1,075 | -11% |
| Fairmount | $965 | +46% |
| Far West Wichita | $939 | +4% |
| South Wichita | $849 | -- |
| South Area | $849 | -- |
| Westlink | $840 | +3% |
| Southwest Wichita | $775 | +15% |
| McCormick | $695 | -- |
| Historic Midtown | $630 | +9% |
| Indian Hills Riverbend | $630 | +4% |
| Sunflower | $612 | -- |
| Central - Northeast Wichita | $495 | -17% |
| South Central | $462 | 0% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| South Seneca | $1,540 | -- |
| Northeast K-96 | $1,211 | -5% |
| Crown Heights | $1,150 | +10% |
| Far West Wichita | $1,104 | +4% |
| South Wichita | $1,029 | -- |
| South Area | $1,029 | -- |
| Westlink | $1,007 | +13% |
| Park Meadows | $945 | -- |
| Sunflower | $929 | -- |
| Kellogg School | $925 | -- |
| Mead | $875 | +25% |
| Southwest Wichita | $850 | -- |
| Fairmount | $790 | -- |
| Indian Hills Riverbend | $775 | -- |
| Historic Midtown | $720 | -- |
| Central - Northeast Wichita | $675 | -- |
| Power | $675 | -- |
| South Central | $550 | 0% |
| Northeast Heights | $545 | 0% |
How Other Cities Compare to Wichita, KS
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Maize | $1,099 | +3% |
| Andover | $1,077 | +8% |
| Derby | $860 | +6% |
| Winfield | $788 | -- |
| Hutchinson | $750 | +3% |
| South Hutchinson | $649 | 0% |
| Newton | $469 | -39% |
| Haysville | $452 | 0% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Andover | $1,302 | +9% |
| Maize | $1,276 | +2% |
| Derby | $990 | +5% |
| Winfield | $938 | -- |
| Hutchinson | $809 | -2% |
| South Hutchinson | $759 | 0% |
| Haysville | $545 | 0% |
| Newton | $487 | -- |
Wichita, KS Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 |
| $704 | $704 | $704 | $704 | $704 | $704 | $704 | $704 | $706 | $706 | $706 | $706 | $706 |
| $847 | $851 | $881 | $867 | $849 | $815 | $808 | $800 | $872 | $842 | $899 | $879 | $852 |
| $982 | $992 | $982 | $957 | $985 | $972 | $972 | $972 | $1014 | $1025 | $1047 | $1094 | $1097 |
| $1085 | $1035 | $1085 | $1205 | $1230 | $1230 | $1230 | $1085 | $1035 | $1250 | $1250 | $1250 | $1250 |
Neighborhood Information for Wichita, KS
What are the most affordable neighborhoods in Wichita, KS?
The most affordable neighborhoods in Wichita are South Central, where the average 1-bedroom apartment rent goes for $462, Central - Northeast Wichita, where renters pay $495 on average for a 1-bedroom apartment, and Sunflower, where the average 1-bedroom apartment rent goes for $612. If you're looking for other great deals, check out the listings in Historic Midtown ($630 for a 1-bedroom apartment) or Indian Hills Riverbend ($630 for a 1-bedroom apartment), compared to the $812 average for a Wichita 1-bedroom apartment.
What are the most expensive neighborhoods in Wichita, KS?
The most expensive neighborhoods in Wichita are Northeast K-96, where the average 1-bedroom apartment rent goes for $1,091, Downtown, where renters pay $1,075 on average for a 1-bedroom apartment, and Fairmount, where the average 1-bedroom apartment rent goes for $965. If you're looking for other premium neighborhoods, check out the listings in Far West Wichita ($939 for a 1-bedroom apartment) or South Wichita ($849 for a 1-bedroom apartment), compared to the $812 average for a Wichita 1-bedroom apartment.
What are the most popular neighborhoods in Wichita, KS?
The most popular neighborhoods in Wichita are Downtown, where the average 1-bedroom apartment rent goes for $1,075, Central - Northeast Wichita, where renters pay $495 on average for a 1-bedroom apartment, and McCormick, where the average 1-bedroom apartment rent goes for $695. If you're looking for other popular neighborhoods, check out the listings in South Central ($462 for a 1-bedroom apartment) or Fairmount ($965 for a 1-bedroom apartment), compared to the $812 average for a Wichita 1-bedroom apartment.
