Real Estate Investing in Wichita, Kansas (67205)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67205 (Wichita, KS)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Wichita, KS (67205)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67205 Wichita
This part of Sedgwick County is not an easy win. The 67205 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 67205 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 67205 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 67205 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Wichita's stable or hybrid ZIPs before stepping into 67205. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wichita:
Property Strategy for 67205
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $297,190 | $1,590 | 3.9% | +5.2% | $148,595 |
| 3BR | $312,774 | $2,090 | 4.8% | +5.3% | $104,258 |
| 4BR | $353,862 | $2,580 | 5.2% | +5.0% | $88,466 |
| 5BR | $453,865 | — | — | +4.8% | $90,773 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 67205 Compare?
| Metric | 67205 | Wichita | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $369,592 | $225,800 | N/A | $237,409 |
| 5-Year CAGR | 4.0% | 6.0% | N/A | 7.2% |
| Avg Rent | $1,479 | $1,302 | N/A | - |
| Cap Rate | 3.1% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67205 (Wichita, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $369,592 |
| Monthly Rent | $1,479 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 Rent Trends
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 67205
Population: 20,600
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 67205
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What do rentals go for in Wichita, KS?
Rental rates in Wichita, KS average $1,479/mo. Tenant demand and $370K home values make the yield look reasonable by investor standards.
Are tenants stable in Wichita, KS?
Wichita, KS draws a reliable base of working renters. Demand at the $1,479/mo rent level is reasonable for standard single-family and small multi rentals.
How high is vacancy risk in Wichita, KS?
Wichita, KS carries elevated vacancy risk. Expect measured absorption at market rents of $1,479/mo.
Is rental property easy to operate in Wichita, KS?
The landlord environment in Wichita, KS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What investment strategy works best in Wichita, KS?
Most investors in Wichita, KS run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 67205 now. You don’t know where it ranks.
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How 67205 ranks in Wichita, KS
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