Wichita
Kansas ยท Ranked #194 of 373 metros
75Affordable
๐ก
Housing in Wichita costs 3.07ร the median income, below the national average of 4.5ร. The median home price is $207K and median rent is $965/month. Wichita ranks #194 of 373 metros for affordability.
Median Home Price
๐$207K
Need $56K income
Median Rent
๐$965
Need $36K income
Housing Shortage
๐8,000
units needed
Building Permits
๐จ3,039
annual
Median Income
๐ฐ$67K
Pop: 647,610
Rent Burden
โ ๏ธ27.0%
of renters paying >30%
Price Change (YoY)
๐+4%
Homeownership
๐ก65.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Wichita | National |
|---|---|---|
| Price-to-Income Ratio | 3.07x | 6.1x |
| Rent Burden | 27.0% | 31.5% |
| Homeownership Rate | 65.0% | 65.5% |
| YoY Price Change | +4% | +3.5% |
| YoY Rent Change | +3% | +2.8% |
| Mortgage Denial Rate | 13.5% | 13.5% |
| Eviction Rate | 6.0% | 3.6% |
House Price Index (2000โ2025)
FHFA All-Transactions HPI
Since 2019: +61.4%Since 2000: +145.9%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$782/mo
1 Bedroom$849/mo
2 Bedroom$1,099/mo
3 Bedroom$1,444/mo
4 Bedroom$1,784/mo
Zillow Market Data
Home Value (ZHVI)
$216K
1yr: +1.9%5yr: +39.1%
Rent (ZORI)
$1,158/mo
1yr: +4.6%5yr: +32.7%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$245K
Active Inventory
1,541
Days on Market
51
Sold Above List
21.9%
Price Drops
22.3%