Property Prices in Wichita, KS, United States

Index Info
Price to Income Ratio: 2.10
Mortgage as Percentage of Income: 18.89%
Loan Affordability Index: 5.29
Price to Rent Ratio - City Centre: 8.11
Price to Rent Ratio - Outside of Centre: 7.78
Gross Rental Yield (City Centre): 12.32%
Gross Rental Yield (Outside of Centre): 12.85%
Rent Per Month
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Apartment (1 bedroom) in City Centre 871.67 $ 730.00-950.00
Apartment (1 bedroom) Outside of Centre 805.71 $ 650.00-1,015.00
Apartment (3 bedrooms) in City Centre 1,592.50 $ 1,250.00-3,700.00
Apartment (3 bedrooms) Outside of Centre 1,753.33 $ 1,000.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 144.32 $ 142.98-145.00
Price per Square Feet to Buy Apartment Outside of Centre 139.00 $ 135.00-142.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,627.35 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 5.00-6.80

These data are based on 97 entries in the past 18 months from 27 different contributors.
Last update: December 2024

Sources and References
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