Wichita, Kansas Short-Term Rental Market
Wichita short-term rentals averaged $134 per night at 77.1% occupancy in June 2026 across 1,177 listings.
Quick Answer: Wichita, Kansas is an active short-term rental market. average occupancy in the Wichita market area is 77%. average monthly revenue in the Wichita market area is $2,778. average daily rate in the Wichita market area is $134. the top operator in the Wichita market area is Stay Wichita with 62 listings. market score is 95/100 (grade A).
Market data reflects the wider Wichita market, which covers 2 areas. Regulations, taxes, and permit details below are specific to Wichita.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Wichita’s short-term rental market includes 1,177 active listings tracked across Airbnb and Vrbo. In June 2026, the average daily rate was $133.58 with a high 77.1% occupancy, producing average monthly revenue of $2,778.12 per listing. Occupancy is up 9.28 percentage points year over year, ADR is up 3.66%, and average revenue per listing is up 6.47% year over year, a broadly positive trend across all three headline metrics.
The market leans heavily toward entire-place rentals: 1,053 of the 1,177 total listings (89.5%) are entire-place, and private rooms make up the remaining 124 (10.5%); no shared-room listings were recorded. Bedroom count skews smaller, with 1-bedroom units the largest bucket at 443 listings, followed by 3-bedroom at 308, 2-bedroom at 259, 4-bedroom at 122, and 5-bedroom-plus the smallest segment at 45. By booking channel, 669 listings are Airbnb-only, 465 appear on both Airbnb and Vrbo, and 43 are Vrbo-only.
Wichita is Kansas’s largest city, population 400,991, and a regional hub for south-central Kansas, drawing roughly 6 million visitors annually according to city tourism figures. Tourism is anchored by family attractions, museums, and the city’s aviation heritage as ‘The Air Capital of the World,’ including the Sedgwick County Zoo, the state’s most-visited outdoor attraction. StaySTRA’s market scoring gives this area a very strong total score of 95.41, with investability at 96.49 and rental demand at 96.59.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 49% | $86 | $1,260 |
| Feb | 57% | $88 | $1,294 |
| Mar | 63% | $97 | $1,697 |
| Apr | 62% | $97 | $1,652 |
| May | 67% | $106 | $1,920 |
| Jun | 72% | $108 | $2,135 |
| Jul | 69% | $102 | $2,023 |
| Aug | 61% | $100 | $1,759 |
| Sep | 64% | $97 | $1,702 |
| Oct | 64% | $97 | $1,787 |
| Nov | 59% | $99 | $1,591 |
| Dec | 58% | $98 | $1,625 |
Top Short-Term Rental Operators in Wichita market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Wichita market as a whole, which includes Wichita, so these counts are not Wichita-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Stay Wichita | 62 | 3,784 | ★ 4.89 |
| 2 | Cornerstone Furnished Rentals | 37 | 3,451 | ★ 4.95 |
| 3 | Extend Your Stay | 15 | 86 | ★ 4.95 |
| 4 | Reliance Property Management | 15 | 971 | ★ 4.77 |
| 5 | Sleepover INC | 14 | 75 | ★ 4.19 |
What Kind of STR Should I Buy in Wichita?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 443 |
| 2 bed | 259 |
| 3 bed | 308 |
| 4 bed | 122 |
| 5 bed | 45 |
ADR by Property Tier
| Entire Home | $143 |
| Luxury | $208 |
| Professionally Managed | $158 |
Revenue by Dwelling Type
| Apartment | $1,891 |
| Entire Place | $2,964 |
| House | $3,064 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 56.8% |
| vrbo | 3.7% |
| both | 39.5% |
Investment Analysis
ADR varies by listing tier. All-listing average ADR is $133.58, entire-home listings average $143.39, and professionally managed listings command $157.56, an 18.0% premium over the all-listings average. The luxury tier tops out at $207.58 per night, about 1.6x the market average, a narrower luxury spread than several other markets in this batch. Average revenue per listing is up 6.47% year over year, supported by gains in both occupancy (up 9.28 points) and ADR (up 3.66%), a healthier combination than markets where revenue growth comes from rate alone.
On the acquisition side, Zillow-sourced housing data puts the typical home value at just $204,104.01, with a median sale price of $226,325.00, a sale-to-list ratio of 0.905, 1,117 homes for sale, and a median 12 days to pending. Annualizing the average listing’s $2,778.12 monthly revenue to $33,337.49 against the $204,104.01 typical home value works out to a gross revenue yield of roughly 16.3%, one of the higher figures in this batch, before cleaning, management, mortgage, insurance, and the city’s licensing and insurance costs. That is a gross topline figure, not a net cash-on-cash return, but the combination of low home prices and high occupancy makes Wichita’s screening numbers stand out.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Average booking lead time in Wichita is 36.08 days, one of the shortest windows in this batch, while typical length of stay is 5.63 nights, one of the longer stays. This combination suggests guests decide relatively close to their travel date but then stay multiple nights once booked, consistent with business travel tied to the aviation and manufacturing industry, extended family visits, and event-driven stays rather than quick weekend getaways. Operators should plan for a shorter dynamic-pricing runway than in destination markets and can expect turnover costs spread across fewer, longer bookings given the nearly 5.6-night average stay.
Short-Term Rental Regulations
Wichita legalized and regulated short-term rentals through an ordinance effective September 12, 2023, with the zoning code amended September 22, 2023. Every STR dwelling unit must obtain an Annual Short-Term Rental License from the City’s Finance Department Express Office, reported at approximately $225.00 per year, non-transferable to another person or location. Owners must carry general liability insurance of at least $250,000 per unit. Occupancy is capped at 2 adults per bedroom plus 2 additional adults per unit (excluding studios/efficiencies).
Owner-occupied STRs are permitted by right in qualifying residential districts (SF-10, SF-5, TF-3, MF-18, MF-29), while non-owner-occupied STRs require administrative or zoning approval, and notified neighbors may protest within two weeks of the approval letter. There is no owner-occupancy or primary-residence requirement citywide since non-owner-occupied rentals are allowed with approval, and there is no annual night cap, though an STR is defined as lodging of 28 days or less. Notably, STRs are not permitted in residential zoning districts in unincorporated Sedgwick County outside city limits. A Nuisance Party Ordinance holds hosts responsible for disturbances, with quiet hours generally 10 PM to 7 AM, and operating without registration carries fines of $200 to $1,000 per day. Wichita/Sedgwick County lodging carries a 6.00% transient guest tax plus a 2.75% city tourism fee (a combined roughly 8.75%), on top of state and local sales taxes. Enforcement is characterized as moderate.
Market Comparison
Wichita’s 77.1% occupancy is well above commonly cited US STR benchmarks (roughly 55% occupancy nationally), while its $133.58 ADR runs well below the roughly $220 national median, a combination that points to strong demand at accessible price points rather than a high-rate market.
Property management is led by Stay Wichita with 62 listings (3,784 reviews, 4.89 average rating), about 5.3% of the 1,177 tracked listings, a notably larger local share than the leading operator in several other markets in this batch. Cornerstone Furnished Rentals ranks second with 37 listings (3,451 reviews, the highest rating in the top five at 4.95), followed by Extend Your Stay with 15 listings (4.95 rating), Reliance Property Management with 15 listings (4.77 rating), and Sleepover INC with 14 listings. The top 5 PMs combined control about 12.1% of listings, a relatively concentrated top tier for this batch of markets.
Frequently Asked Questions About Wichita, Kansas
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