The construction pipeline is thinning—units under construction fell to 568 at year-end 2025, down from 868 at year-end 2024—setting up materially less near-term supply pressure in Wichita.
Effective rent trends in Wichita remain constructive, with forecasts calling for a durable mid-2% growth pace through 2026, positioning the market to outperform many higher-supply peers.
Net absorption is projected to improve meaningfully in 2026. After a modest 161 units absorbed in 2025, net absorption is forecast to rise to 313 units in 2026, nearly doubling year over year.
Wichita’s effective rent outlook remains positive and, notably, more stable than many peer markets that are still working through heavier delivery waves...
