Property Prices in Wichita, KS, United States

Index Info
Price to Income Ratio: 2.31
Mortgage as Percentage of Income: 17.00%
Loan Affordability Index: 5.88
Price to Rent Ratio - City Centre: 11.26
Price to Rent Ratio - Outside of Centre: 5.03
Gross Rental Yield (City Centre): 8.88%
Gross Rental Yield (Outside of Centre): 19.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 810.00 $ 500.00-1,100.00
Apartment (1 bedroom) Outside of Centre 572.22 $ 450.00-700.00
Apartment (3 bedrooms) in City Centre 1,381.00 $ 1,000.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 915.38 $ 700.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 180.54 $ 97.94-288.08
Price per Square Feet to Buy Apartment Outside of Centre 55.39 $ 54.70-56.47
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,742.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.12 3.20-4.50

These data are based on 120 entries in the past 18 months from 29 different contributors.
Last update: January 2021

Sources and References
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