Real Estate Investing in Wichita, Kansas (67226)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67226 (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 (67226)?
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Market Analysis: 67226 Wichita
Not every below-median market is a bargain. Wichita's 67226 ZIP stands at signals that favor experienced operators who can absorb the risk $333K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 67226 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within KS, ZIP 67226 trails on several market indicators that neighboring Sedgwick County submarkets outperform. The gap is real and significant enough to shape underwriting.
From a cash-flow lens, 21,441 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Wichita's stable or hybrid ZIPs before stepping into 67226. 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 67226
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $270,856 | $1,360 | 3.6% | +5.8% | $135,428 |
| 3BR | $278,862 | $1,790 | 4.6% | +5.8% | $92,954 |
| 4BR | $328,676 | $2,210 | 4.8% | +5.6% | $82,169 |
| 5BR | $394,105 | — | — | +4.7% | $78,821 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 67226 Compare?
| Metric | 67226 | Wichita | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $333,208 | $225,800 | N/A | $237,409 |
| 5-Year CAGR | 4.4% | 6.0% | N/A | 7.2% |
| Avg Rent | $1,239 | $1,302 | N/A | - |
| Cap Rate | 2.9% | 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 67226 (Wichita, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $333,208 |
| Monthly Rent | $1,239 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | -12.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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 67226
Population: 21,441
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 67226
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Robert M. Martin Elementary
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 4,852 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Wichita, KS?
Occupancy in Wichita, KS runs predictable with elevated vacancy. Well-priced units at $1,239/mo lease on reasonable timelines.
Is the tenant base reliable in Wichita, KS?
The renter base in Wichita, KS is reasonable for the $1,239/mo price point. Screening well and pricing to market typically yields predictable tenants.
What is the best play in Wichita, KS?
Wichita, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($333K prices, $1,239/mo rents) make it a reasonable choice.
Is KS a landlord-friendly state?
Landlord-friendliness in Wichita, KS is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Are homes affordable in Wichita, KS?
Wichita, KS home values average about $333K. That price point suits investors targeting rentals with $1,239/mo in monthly income.
You know 67226 now. You don’t know where it ranks.
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How 67226 ranks in Wichita, KS
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