Is Wichita, KS a Good STR Investment in 2026?
1,085 active listings
Top Market
Median Price
$244,117
STR Revenue/mo
$2,058
Cap Rate
3.9%
1Y Appreciation
2.2%
Avg Nightly Rate
$119
Market Score
95.9/100
Market Overview
Wichita, KS presents a strong opportunity for real estate investors in 2026, with a market score of 95.9 out of 100. The median home price sits at $244,117 with average short-term rental revenue of $2,058 per month, yielding a 3.9% cap rate.
Short-Term Rental Performance
Short-term rental hosts in Wichita average $2,058 in monthly revenue with a 65.2% occupancy rate. This translates to approximately $24,696 in annual gross revenue for a typical listing. The average nightly rate is $119.
Investment Analysis
Assuming a 20% down payment at 7% interest on a $244,117 property, your monthly mortgage would be approximately $1,299. After accounting for mortgage, taxes, and insurance, the estimated monthly cash flow for an STR is -$507.
The long-term rental market shows potential with median rents at $1,240 per month. Year-over-year home value appreciation of 2.2% adds equity growth to your total return.
Our Verdict
Wichita ranks among the top investment markets with a score of 95.9/100. Healthy appreciation adds equity growth on top of rental income. High occupancy rates signal strong rental demand.