Property Prices in Wichita, KS, United States

Index Info
Price to Income Ratio: 1.94
Mortgage as Percentage of Income: 17.48%
Loan Affordability Index: 5.72
Price to Rent Ratio - City Centre: 6.69
Price to Rent Ratio - Outside of Centre: 8.09
Gross Rental Yield (City Centre): 14.95%
Gross Rental Yield (Outside of Centre): 12.37%
Rent Per Month
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Apartment (1 bedroom) in City Centre 900.00 $ 800.00-2,100.00
Apartment (1 bedroom) Outside of Centre 831.67 $ 700.00-1,015.00
Apartment (3 bedrooms) in City Centre 2,273.33 $ 1,420.00-3,700.00
Apartment (3 bedrooms) Outside of Centre 1,514.00 $ 1,250.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 144.20 $ 141.03-145.00
Price per Square Feet to Buy Apartment Outside of Centre 137.01 $ 135.00-141.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,894.11 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 5.50-6.80

These data are based on 84 entries in the past 18 months from 24 different contributors.
Last update: May 2024

Sources and References
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