Wichita

Kansas ยท Ranked #194 of 373 metros

75Affordable
๐Ÿ’ก
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

๐Ÿ 

$207K

Need $56K income

Median Rent

๐Ÿ”‘

$965

Need $36K income

Housing Shortage

๐Ÿ“‰

8,000

units needed

Building Permits

๐Ÿ”จ

3,039

annual

Median Income

๐Ÿ’ฐ

$67K

Pop: 647,610

Rent Burden

โš ๏ธ

27.0%

of renters paying >30%

Price Change (YoY)

๐Ÿ“ˆ

+4%

Homeownership

๐Ÿก

65.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricWichitaNational
Price-to-Income Ratio3.07x6.1x
Rent Burden27.0%31.5%
Homeownership Rate65.0%65.5%
YoY Price Change+4%+3.5%
YoY Rent Change+3%+2.8%
Mortgage Denial Rate13.5%13.5%
Eviction Rate6.0%3.6%

House Price Index (2000โ€“2025)

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%