East Wichita
Stable, family renters, desirable.
Wichita, KS
Is Wichita a good place to buy rental property in 2026?
Short answer: yes — for cash-flow investors. Wichita's median cap rate runs about 8.5% (Kansas state median), above the ~6.5% national median, with typical rent at $1,099–$1,444/mo and Kansas property tax near 1.34%.
Wichita is a deep cash-flow market anchored by aviation manufacturing — very affordable entry and strong rent ratios.
Wichita market snapshot
Cash-flow marketHigher typical cap rates — built for monthly cash flow more than price growth.
Typical cap rate
8.5%
Kansas state median
Typical rent
$1,099–$1,444/mo
HUD FMR · 2–3BR · 2026
Typical price
$130,000–$210,000
est., all-in
Property tax
1.34%
Kansas effective
Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.
Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.
Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026
Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.
What rents actually look like in Wichita
One number never tells the story — HUD publishes ZIP-level Small Area Fair Market Rents for the Wichita, KS metro area, the metro-wide FMR region that includes Wichita, and the spread across its ZIP codes is where deals are won or lost. Same purchase price, different ZIP, very different rent.
| ZIP code | 2BR rent | 3BR rent |
|---|---|---|
| 67002 | $1,650/mo | $2,170/mo |
| 67223 | $1,550/mo | $2,040/mo |
| 67017 | $1,340/mo | $1,760/mo |
| 67037 | $1,230/mo | $1,620/mo |
| 67001 | $1,130/mo | $1,480/mo |
| 67201 | $1,100/mo | $1,450/mo |
| 67260 | $1,090/mo | $1,430/mo |
| 67056 | $1,050/mo | $1,380/mo |
| 67042 | $1,000/mo | $1,310/mo |
| 67546 | $960/mo | $1,230/mo |
| 67543 | $890/mo | $1,090/mo |
| 67522 | $880/mo | $1,090/mo |
Showing 12 of 83 ZIP codes in the Wichita, KS metro area — the HUD FMR region that includes Wichita — sampled highest to lowest across the rent range. Source: HUD FY2026 Small Area Fair Market Rents. TrueCap auto-fills the exact ZIP-level figure when you enter a Wichita address.
Why Wichita works for rental investors
Strong yield and low prices, with a manufacturing economy to watch through cycles. A pure cash-flow market for disciplined operators.
See the full Kansas investing guide — taxes, landlord law & top metros →
Neighborhoods to look at in Wichita
Riverside
Desirable, steady demand.
South Wichita
Cash flow, value-add, more management.
Neighborhood notes are starting points, not recommendations — always underwrite the specific property.
Run a Wichita deal in 60 seconds
Paste a Wichita address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Kansas tax and HUD rent so you start from the right assumptions.
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