Shifting Demographics in Wichita's Rental Market

This chapter explores the rapidly changing Wichita real estate market, focusing on rising rental prices and increased property values driven by economic factors. It highlights demographic shifts, particularly among millennials and baby boomers, and discusses the implications for future rental trends.

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Looking for the next high-growth real estate market? 🏡 In this episode of the Rent To Retirement Podcast, hosts Adam Schroeder and Zach Lemaster are joined by Shannon and Zach from the build and property management team to uncover why Wichita, Kansas is becoming a powerful market for real estate investors.

You’ll learn how Wichita’s strong economy, affordable cost of living, and long-term tenant demand make it a hidden gem for duplex and build-to-rent strategies. Whether you’re a first-time investor or building a portfolio, this episode provides insights into rental demand, appreciation, and multiple exit strategies.

⏱️ Timestamps

00:00 – Intro: Exploring a new Midwest market

01:00 – Why Wichita, KS is a smart investment market

02:40 – Economic drivers: aerospace, agriculture, energy & more

04:00 – Home prices & recent appreciation trends

05:00 – Who’s renting these properties? Millennials & Baby Boomers

07:20 – Tenant retention & average lease duration

09:15 – Leasing speed & demand for new units

11:25 – Property design, finishes & community amenities

14:00 – Scale of projects: 200+ unit communities

16:50 – Property management approach & occupancy rates

20:00 – Warranties, appliances, and rent-ready homes