Real Estate Investing in Wichita, Kansas (67218)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67218 (Wichita, KS)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.3% of homes vacant — above national norms.
What’s happening in Wichita, KS (67218)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 67218 Wichita
On balance, ZIP 67218 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $154K median. It rewards specialists, not generalists.
The 67218 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 67218 among KS's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 67218 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. significant returns are possible in 67218, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Wichita:
Property Strategy for 67218
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $91,603 | $770 | 6.1% | +8.8% | $91,603 |
| 2BR | $128,986 | $1,000 | 5.6% | +9.7% | $64,493 |
| 3BR | $162,470 | $1,310 | 5.8% | +8.5% | $54,157 |
| 4BR | $227,211 | $1,620 | 5.1% | +7.3% | $56,803 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 67218 Compare?
| Metric | 67218 | Wichita | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $154,228 | $225,800 | N/A | $237,409 |
| 5-Year CAGR | 7.3% | 6.0% | N/A | 7.2% |
| Avg Rent | $1,128 | $1,302 | N/A | - |
| Cap Rate | 5.7% | 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 67218 (Wichita, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,228 |
| Monthly Rent | $1,128 |
| Price-to-Rent | 11.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 13.0% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +5.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). 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 67218
Population: 22,945
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 67218
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Clark Elem
Adams Elem
Beech Elem
College Hill Elem
Gardiner Elem
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
Investor Insight: With 2,059 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Wichita in KS worth investing in?
Our data puts Wichita, KS at 3.0/5 for investability. Home prices of $154K and rents around $1,128/mo create a solid backdrop for investor activity.
How much rent can I charge in Wichita, KS?
Rents in Wichita, KS run near $1,128/mo. Compared with median home prices of $154K that produces solid gross yields for typical rentals.
Should investors worry about vacancy in Wichita, KS?
Vacancy in Wichita, KS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,128/mo.
Which investment style suits Wichita, KS?
Investors usually favor careful cash-flow rentals with hands-on management in Wichita, KS. With home values at $154K and rents near $1,128/mo, other strategies can work but produce stable rather than outsized returns.
Is housing expensive in Wichita, KS?
Wichita, KS home values average about $154K. That price point suits investors targeting rentals with $1,128/mo in monthly income.
You know 67218 now. You don’t know where it ranks.
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How 67218 ranks in Wichita, KS
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