Department of Numbers

Wichita Kansas Residential Rent and Rental Statistics

The median monthly gross residential rent in Wichita, KS (the Wichita metro area) was $751 in 2015 according to the Census ACS survey.1 Average gross rent in Wichita was $779 in 2015. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 Wichita median and average rent data will be released in September of 2017.

Data is also available below for Wichita rental vacancy rates, Wichita rent as a percent of median income and the fraction of renters in Wichita.

Show dollars as: Nominal Real

Real Gross Rent in Wichita Kansas (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
Kansas Median Gross Rent $782 +1.69% +9.68%
Wichita, KS Median Gross Rent $751 +2.18% +9.00%

Wichita, KS Real Gross Rent Trends

At $751, real median gross rent in Wichita was at its highest level in 2015 since the series began in 2005. At $779, real average gross rent in Wichita was at its highest level in 2015 since the series began in 2005.

Real Gross Rent in Wichita: Wichita KS Median, Wichita KS Average, Kansas Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Wichita

Date US
Median
Kansas
Median
Wichita, KS
Median
Wichita, KS
Average
2015 $959 $782 $751 $779
2014 $930 $769 $735 $761
2013 $898 $740 $700 $717
2012 $886 $713 $689 $718
2011 $887 $722 $703 $708
2010 $901 $718 $689 $715
2009 $905 $721 $678 $691
2008 $920 $730 $681 $701
2007 $874 $690 $655 $667
2006 $883 $705 $678 $720
2005 $858 $693 $681 $704

Wichita Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Wichita Kansas was 7.32% according to Census ACS data.

Rental Vacancy Rate in Wichita Kansas

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Kansas 7.74% -0.71% +0.82%
Wichita, KS 7.32% -1.91% -0.79%

Trends in Wichita, KS Rental Vacancy Rate

The rental vacancy rate in Wichita peaked in 2005 at 10.57%. Since then it has fallen by 3.25% to 7.32%. Data records for this series originated in 2005. From a 2008 post peak low of 5.16%, the rental vacancy rate has increased by 2.16%.

Rental Vacancy Rate: Wichita KS, Kansas, US

Rental vacancy rate in Kansas

Historical Rental Vacancy Rate data for Wichita

Date US Kansas Wichita, KS
2015 5.85% 7.74% 7.32%
2014 6.32% 8.45% 9.23%
2013 6.49% 6.54% 6.12%
2012 6.77% 6.92% 8.11%
2011 7.40% 8.09% 8.70%
2010 8.17% 7.42% 8.00%
2009 8.43% 7.41% 6.73%
2008 7.86% 6.21% 5.16%
2007 7.87% 8.18% 10.22%
2006 7.70% 7.16% 7.91%
2005 7.74% 10.02% 10.57%

Rent as a Fraction of Income

Using median household income data for Wichita, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Wichita, median monthly gross rent as a fraction of median household income was 17.47% in 2015 according to the ACS.

Wichita Kansas Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
Kansas 17.41% -0.26% +0.43%
Wichita, KS 17.47% +0.49% +0.47%

Trends in Wichita, KS Rent as a Fraction of Income

Wichita renters paid 17.47% of median household income towards the median monthly gross rent in 2015. This is the highest fraction of median household income going to rent since the series originated in 2005.

Fraction of Income towards Rent: Wichita KS, Kansas, US

Percent of median household income going towards median monthly gross rent in Wichita Kansas

Historical Data for Annual Rent as a Fraction of Income in Wichita Kansas

Date US Kansas Wichita, KS
2015 20.63% 17.41% 17.47%
2014 20.89% 17.67% 16.98%
2013 20.78% 17.54% 17.10%
2012 20.65% 16.98% 16.99%
2011 20.70% 17.38% 16.63%
2010 20.50% 16.96% 17.01%
2009 20.12% 16.84% 15.71%
2008 19.00% 15.64% 14.69%
2007 18.66% 15.76% 14.96%
2006 18.90% 16.07% 15.56%
2005 18.89% 16.44% 16.03%

Renter Fraction in Wichita Kansas

You can calculate the renter fraction in Wichita in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Wichita as a fraction of total Wichita households. In 2015 34.74% of households were renters according to Census ACS data.

Wichita Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
Kansas 33.58% +0.21% -0.06%
Wichita, KS 34.74% +0.44% +0.03%

Trends in the Wichita, KS Renter Fraction

The Wichita household renter fraction peaked in in 2013 at 34.99% and is now 0.25% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Wichita KS, Kansas, US

Fraction of renters in Wichita

History of Wichita Renter Fraction

Date US Kansas Wichita, KS
2015 36.97% 33.58% 34.74%
2014 36.90% 33.37% 34.30%
2013 36.50% 33.94% 34.99%
2012 36.09% 33.64% 34.71%
2011 35.42% 32.19% 32.46%
2010 34.65% 31.93% 32.11%
2009 34.13% 32.20% 32.72%
2008 33.36% 30.57% 32.63%
2007 32.80% 29.84% 29.72%
2006 32.73% 30.07% 30.65%
2005 33.10% 30.54% 32.49%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.