Lineage offers properties here
Buying rental property in Wichita, Kansas
Wichita suits an investor who wants job and rent growth above the national pace, property tax below it, and prices near the bottom of Lineage's range. The catch is new rental supply, with rental vacancy above the national rate as duplex and apartment building picks up.
Wichita is a four-county metro of about 664,000 people in south-central Kansas, and it builds airplanes. Aerospace manufacturing employs about 30,400 people, roughly one job in ten. Boeing took back the Wichita fuselage plant in December 2025, and Textron Aviation is the second anchor. Jobs grew 2.4% in the year to August 2026, against about 0.3% nationally, and single-family rents rose 4.15%, ahead of the national 3.13%. The typical single-family property yields 7.51% gross, and property tax in the city runs below the national average. The weak spot is supply. Rental vacancy is 7.14%, against 5.54% nationally.
What’s changing in Wichita, KS
Dated announcements that bring jobs. Announced means planned, and operating means people work there now.
- December 8, 2025
Boeing takes back the Wichita fuselage plant
Part of about 15,000 Spirit AeroSystems workers across five sites who joined Boeing
What it means for rentersAircraft manufacturing jobs in the metro rose 4.8% in the year to August 2026. Parts suppliers, machine shops, and staffing firms hire alongside the plant, and new workers usually rent before they buy.
Source: Boeing - AnnouncedMay 11, 2026
Boeing commits $1 billion to its Wichita facilities
$1 billion over three years, including a 35,000-square-foot training center with Wichita State expected to open by the end of 2026
What it means for rentersFactory upgrades bring construction and equipment contractors first. The training center is built to prepare thousands of workers a year for the plant. No job count has been published.
Source: Manufacturing Dive - AnnouncedOctober 28, 2025
Textron Aviation plans a Navy trainer line in Wichita, if it wins the contract
More than $38 million to modernize over 50,000 square feet, about 100 direct manufacturing jobs. Depends on a Navy award that Textron expects in January 2027.
What it means for rentersIf the contract is awarded, machine shops and parts suppliers would add work too. Until then it is a plan, not a commitment.
Source: ASD News
Show all 4 announcements
- AnnouncedNovember 9, 2026
Boeing cuts commercial jobs but spares Wichita
About 5% of commercial production staff companywide, starting in December 2026. Local Boeing officials told staff that Wichita and Tulsa employees were not being considered for layoffs. The next 737 rate increase moves to mid-2027.
What it means for rentersWichita is outside this round of cuts, but the slower 737 schedule means hiring at the plant may level off until mid-2027.
Source: KCUR
The institutions that fill rentals in Wichita, KS
- EmployerAbout 13,000 employees (September 2026)
Boeing Wichita
Builds 737 fuselages at the former Spirit AeroSystems plant, which Boeing bought in December 2025.
Source: Greater Wichita Partnership - EmployerAbout 11,000 employees (September 2026)
Textron Aviation
Maker of Cessna and Beechcraft aircraft, headquartered in Wichita.
Source: Greater Wichita Partnership - MilitaryAbout 6,000 employees (September 2026)
McConnell Air Force Base
A KC-46 tanker base on the southeast side of the city.
Source: Greater Wichita Partnership - University24,640 students (fall 2026)
Wichita State University and WSU Tech
Fall 2026 brought the largest freshman class in the university's history. Wichita State also employs about 5,500 people, per the Greater Wichita Partnership.
Source: Wichita State University - HospitalAbout 3,300 and 3,100 employees (September 2026)
Ascension Via Christi and Wesley Healthcare
The metro's two largest hospital systems.
Source: Greater Wichita Partnership
What Lineage offers in Wichita
Lineage offers new-construction and rehabbed single-family rental properties in Sedgwick County, priced near the bottom of our $150,000 to $350,000 range. At the typical rent of about $1,398, that is where the rent covers the loan payment with room to spare. Every property is in a Class A or B area outside flood zones, which takes a check near the Arkansas and Little Arkansas rivers. Each one meets the Lineage Standard: no foundation issues, and at least half the useful life left on the roof, HVAC, plumbing, water heater, and electrical panel. Lineage orders the inspection, and a licensed local property manager vets the tenant and signs a 12-month lease before you close. For new construction, we read each property's tax statement, which lists every special assessment and how long it runs, before you commit.
Cash ROI is the projected average yearly cash flow over 10 years on a 20% down payment, interest-only, after vacancy and maintenance. Every property’s figure comes from its own pro forma, and the assumptions behind it vary by listing. Est. cash to close is the 20% down payment plus about 5.2% of the price in estimated closing costs.
Illustrative examples. Actual returns vary based on market conditions, property performance, and financing terms. Rent figures are estimates provided by the local property manager and are not guarantees. Properties shown are representative of inventory available as of November 2026 and may no longer be available. Lineage Technologies, Inc. acts as a transaction broker and does not represent either party in a fiduciary capacity.
Wichita, KS against the national figure
The seven measures Lineage checks in every market, each beside the national figure for the same period.
Rent to price (gross yield)
near national- Wichita, KS
- 7.51%
- National
- 7.39%
The typical single-family rent is $1,398 a month against a typical value of $223,188. Low prices keep the yield just above the national average.
Zillow ZORI and ZHVI, single-family · September 2026
Rent growth
above national- Wichita, KS
- +4.15%
- National
- +3.13%
Single-family rents are rising faster than the nation even as new supply arrives.
Zillow ZORI, single-family · September 2026
Jobs and population
above national- Wichita, KS
- Jobs +2.4%, population +0.65%
- National
- Jobs +0.3%, population +0.5%
Aerospace is leading the gains, with aircraft jobs up 4.8% in a year. Preliminary September figures show total job growth slowing to 1.3%.
BLS Current Employment Statistics; Census Vintage 2025 estimates · August 2026 (jobs), July 2025 (population)
Vacancy and new supply
unfavorable- Wichita, KS
- 7.14%
- National
- 5.54%
Builders took out permits for 1,438 duplex units in 2025. Duplex building now matches single-family building, and much of it likely competes for the same renters.
Census ACS 5-year estimates; Census Building Permits Survey · 2020 to 2024 survey
Landlord law
favorable- Wichita, KS
- 3-day notice
- National
- Varies by state
A lease can end three days after written notice for unpaid rent, the deposit is capped at one month's rent, and local rent control is banned. An uncontested nonpayment case runs about three to five weeks from notice to possession.
Kansas Statutes 58-2550 and 58-2564 · 2026
Insurance
near national- Wichita, KS
- $2,800 to $3,600 a year
- National
- $3,057 a year
Premiums sit near the national figure despite high tornado and hail exposure. That range is what Lineage sees on its own rental properties. The national figure is Insurify's projected 2026 average for an owner-occupied policy, which is a different measure. On Insurify's measure, Kansas averages $3,440. Kansas premiums are projected up 4% in 2026, the same as nationally.
Lineage placement experience; Insurify · 2026
Property management depth
favorable- Wichita, KS
- 8% to 10% of rent
- National
- 8% to 10% of rent
Several firms have managed rentals here for 20 to 50 years. Wichita has a deep bench of long-running local managers.
Lineage research · October 2026
Law, taxes, and insurance
Landlord law in Kansas
Kansas law favors owners. When rent goes unpaid, a landlord can end the lease three days after written notice and then file for possession. An uncontested nonpayment case runs about three to five weeks from notice to possession. The security deposit is capped at one month's rent for an unfurnished unit, and it must be returned within 30 days after the lease ends. Kansas bars cities from imposing rent control, and the City of Wichita has no rental registration program.
Taxes and insurance
Kansas taxes rental property on 11.5% of appraised value and reappraises at market every year. In the City of Wichita inside Wichita USD 259, the 2025 rates come to 1.220% of value after the state school exemption, about $2,723 a year at the typical value, against a national 1.504%. Suburban districts with most new construction run 1.26% to 1.66%. New subdivisions also carry special assessments for streets and sewers for up to 15 years. Insurance runs $2,800 to $3,600 a year for a typical rental property.
What could go wrong
New rental supply
Rental vacancy is 7.14%, against 5.54% nationally. Duplex permits reached 1,438 units in 2025, and apartment permits jumped to 757 units in the first eight months of 2026.
One industry
About one job in ten is in aerospace manufacturing. A large cut at Boeing or Textron Aviation, or a lasting slowdown in 737 production, would change the outlook.
Special assessments on new construction
Most new-build lots repay streets, water, sewer, and drainage costs on the tax bill for up to 15 years. These sit outside the tax rates quoted on this page.
Storms
FEMA rates Sedgwick County very high for tornado risk. Sedgwick had the highest storm insurance payouts in Kansas in 2025, more than $328 million.
Questions investors ask
Is Wichita a good place to buy rental property?
Wichita combines job growth well above the national pace, single-family rent growth of 4.15%, property tax below the national average, and a typical property value of about $223,000. The tradeoff is new supply. Rental vacancy is above the national rate, and duplex and apartment building has picked up. It suits an investor who wants growth at a low entry price.
What is the average rent in Wichita?
The typical single-family rent in the Wichita metro was $1,398 a month in September 2026, according to Zillow's observed rent index. That was up 4.15% from a year earlier, ahead of the national increase of 3.13%. Apartment rents in the city were flat to slightly down over the same period.
Is Kansas landlord friendly?
Mostly, yes. In Kansas, a landlord can end a lease three days after written notice for unpaid rent, and cities cannot impose rent control. The security deposit is capped at one month's rent for an unfurnished unit. An uncontested nonpayment eviction in Wichita runs about three to five weeks from notice to possession.
How much are property taxes in Wichita?
In the City of Wichita inside Wichita USD 259, 2025 rates come to about 1.220% of value after the state school exemption, or about $2,723 a year at the typical value of $223,188. Suburban districts run 1.26% to 1.66%, and new subdivisions add special assessments that can last up to 15 years.
What does Boeing's purchase of Spirit AeroSystems mean for Wichita?
Boeing completed its purchase of Spirit AeroSystems in December 2025 and now owns the Wichita plant that builds 737 fuselages, where it employs about 13,000 people. It has committed $1 billion to its Wichita facilities over three years. In November 2026 local Boeing officials told staff that Wichita employees were not being considered for its commercial job cuts.
Sources and method
Reviewed October 2026 by Patrick Roach. Every market figure is paired with a national figure for the same period. Figures were current at review and will change. This page is research, not investment advice.
Show all 20 sources
- Zillow Research, ZORI single-family rents Accessed 2026-11-13
- Zillow Research, ZHVI single-family values Accessed 2026-11-13
- BLS, Wichita Economy at a Glance Accessed 2026-11-13
- Census Bureau, ACS 2020-2024 5-year estimates Accessed 2026-11-13
- Census Bureau, Vintage 2025 metro population estimates Accessed 2026-11-13
- Census Bureau, Building Permits Survey Accessed 2026-11-13
- Greater Wichita Partnership, major employers, updated September 2026 Accessed 2026-11-13
- Wichita State University, fall 2026 enrollment Accessed 2026-11-13
- Boeing, Boeing completes acquisition of Spirit AeroSystems, December 2025 Accessed 2026-11-13
- Manufacturing Dive, Boeing to invest $1B in Wichita facilities, May 2026 Accessed 2026-11-13
- KCUR, Boeing cutting 5% of workforce in its commercial airplane division, November 2026 Accessed 2026-11-13
- Sedgwick County, 2025 ad valorem tax levies Accessed 2026-11-13
- The Beacon, Wichita special assessments Accessed 2026-11-13
- Insurance Business, Kansas storm insurance payouts, March 2026 Accessed 2026-11-13
- Kansas Statutes, K.S.A. 58-2564 Accessed 2026-11-13
- Kansas Statutes, K.S.A. 58-2550 Accessed 2026-11-13
- Lincoln Institute of Land Policy, 50-State Property Tax Comparison Study, 2025 Accessed 2026-11-13
- Insurify, 2026 home insurance price projections Accessed 2026-11-13
- FEMA, National Risk Index Accessed 2026-11-13
- ASD News, Textron Aviation Defense Wichita production plans, October 28, 2025 Accessed 2026-11-13
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