Ovation Apartments
4007 N Ridge Rd,
Wichita, KS 67205
$1,315 - $1,844 Total Monthly Price
1-3 Beds
Rental Market Trends in Wichita, KS
What is the average rent in Wichita, KS?
$839/month
Average Rent
666 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of March 2026, the average rent in Wichita, KS is $839 per month. This is 48% lower than the national average rent of $1,626/month, making renting in Wichita more affordable than most cities in the US. When you rent an apartment in Wichita, you can expect to pay about $604 per month for a studio, $839 for a one-bedroom apartment, and around $1,035 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,228 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Wichita, KS?
In the past year, rent has increased by 2.8%, which averages out to $24 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Wichita, KS
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
32%
Below $700/month
37%
$700 - $1,000/month
28%
$1,001 - $1,500/month
2%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Wichita?
Based on current rent prices, Crestview Heights, Southeast Wichita and Cherry Creek Hills are the most affordable neighborhoods in Wichita.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Wichita?
Based on current rent prices, Delano, Downtown Wichita and Old Town are the most expensive neighborhoods in Wichita.
Neighborhood
Average Rent
Average Sq Ft
Which Wichita neighborhoods have the most rentals available?
The neighborhoods in Wichita with the most apartments available are Downtown Wichita, Northeast Wichita and West Wichita .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Wichita, KS?
Because the average rent in Wichita is $839, you’ll want to make about $2,796 per month or $33,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Wichita, KS is 12.7% lower than the national average. Generally, housing in Wichita is 34.7% less expensive than the national average, with rent falling between $604 - $1,228. You can expect to pay 4.3% less for groceries, 2.5% less for utilities, and 5.6% less for transportation.
How does Wichita, KS compare to other nearby cities and neighborhoods?
Use the tool below to compare Wichita, KS to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$593/month
$1,205/month
One Bedroom
$744/month
$1,455/month
Two Bedroom
$968/month
$1,655/month
Three Bedroom
$1,400/month
$1,400/month
Apartment communities in Wichita we think you'll love
Property Management Companies in Wichita, KS
Monarch Investment and Management Group
-
315
Communities
-
76,967
Units
-
144
Cities
15 Communities in Wichita
Eucalyptus Real Estate
-
60
Communities
-
10,569
Units
-
11
Cities
14 Communities in Wichita
Post Road Management
-
18
Communities
-
2,362
Units
-
7
Cities
12 Communities in Wichita
Perry Reid Properties
-
53
Communities
-
6,543
Units
-
35
Cities
6 Communities in Wichita
Weigand-Omega Management
-
13
Communities
-
1,009
Units
-
9
Cities
5 Communities in Wichita
Greenbrier Management
-
34
Communities
-
4,194
Units
-
15
Cities
4 Communities in Wichita
Worcester Investments
-
22
Communities
-
3,568
Units
-
11
Cities
4 Communities in Wichita
Greystar
-
3,472
Communities
-
956,050
Units
-
897
Cities
3 Communities in Wichita
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.