$0
Average Rent
$946 average rent in Wichita, Q2 2026
0%
Occupancy Rate
93% occupancy rate Wichita, Q2 2026
0
T4Q Net Absorption
217 T4Q net absorption in Wichita, Q2 2026
0%
Annual Rent Change
3% annual rent change in Wichita, Q2 2026
0
BPS Annual Occupancy Change
-60 BPS annual occupancy change in Wichita, Q2 2026
0
T4Q Unit Completions
571 T4Q net absorption in Wichita, Q2 2026
Key Takeaways
- Trailing 12-month deliveries of 571 units have outpaced absorption of 217 units, though quarterly momentum improved to 182 units in Q2 2026 from 109 in Q1, and new starts have collapsed to just 72 units.
- The construction pipeline is downshifting sharply, with 332 units under construction (0.9% of inventory) and trailing 12-month starts declining 88% from 580 one year ago, positioning the market for a lighter delivery environment by mid-2027.
- Rents have grown 2.7% year-over-year to $946 per unit, while stabilized occupancy of 92.6% reflects a 60 basis point annual decline offset by a 20 basis point sequential gain.
Market Outlook
Wichita’s supply cycle is past its peak, though the market is still working through the tail end of an unusually large delivery wave…
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