Wichita

As of May 2026, Wichita, Hutchinson, Salina have 1,420 active Airbnb and VRBO listings. This represents a 17% increase from the previous year.

The average Airbnb or VRBO in Wichita generates $22K per year. High-performing properties earn $45K/year, while low-performing properties earn $8K/year. The wide revenue delta suggests that top-tier units capture a disproportionate share of limited demand, while the bottom tier struggles to gain traction amidst rising inventory levels.

Average home prices in Wichita vary by property size: 1-bedroom properties cost approximately $78K, 2-bedroom homes average $144K, 3-bedroom properties are around $216K, and 4+ bedroom homes average $284K. These prices reflect median home values across the Wichita, Hutchinson, Salina area.

Airbnb and VRBO can be profitable in Wichita, with an average gross yield of 10% across all properties. High-performing properties achieve yields up to 21%, which is considered top for short-term rental investment. This spread indicates that yield potential is highly sensitive to operational efficiency and market positioning rather than broad market trends.

The average occupancy rate for Airbnbs and VRBOs in Wichita is 36%. This occupancy level, combined with an average nightly rate of $156, results in a RevPAR (revenue per available room) of $44 per day.

4+ bedroom properties demonstrate the strongest performance in Wichita, with an average gross yield of 16% and annual revenue of $46K. These properties balance purchase price ($284K), operating costs, and rental demand most effectively in the Wichita market.

Short-term rental regulations vary by jurisdiction in the Wichita area. Wichita: Lenient. No specific STR regulations or permits required. Operates under general business licensing and zoning. Minimal enforcement. Hutchinson: Lenient. No dedicated STR ordinance. Standard business license may apply. Very light oversight, hosts operate freely. Salina: Lenient. No specific STR regulations in place. General zoning and business rules apply. Minimal to no active enforcement of STRs. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Wichita Airbnb and VRBO market is currently showing oversaturated conditions. Supply has grown 17% year-over-year, while RevPAR has decreased 18%. This indicates supply growth outpacing demand, pressuring returns. The negative revenue shift highlights a market correction where increased competition forces downward pressure on property performance.

Launch around August, 2-3 months before peak fall season (November peaks). This pre-peak timing lets you build reviews when competition is -15% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-January) when gaining traction is harder.

The most common amenities in Wichita listings include: Air Conditioning (100%), Kitchen (95%), Tv (92%), Washing Machine (86%), Heating (76%). Amenities that boost revenue the most include Hot Tub, Washing Machine, Bbq, with Hot Tub properties earning approximately 71% more ($50K/year vs $29K/year).

Monthly estimated revenue per listing in Wichita over the last 12 months: May: $1K, June: $1K, July: $2K, August: $1K, September: $1K, October: $2K, November: $2K, December: $1K, January: $832, February: $794, March: $1K, April: $1K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Wichita is $156, up 20% year-over-year. By property size: 1-bedroom properties average $94/night, 2-bedroom properties average $128/night, 3-bedroom properties average $165/night, 4+ bedroom properties average $277/night. Rates peak in April and are lowest in January.

Guests in Wichita book an average of 26 days in advance, down 22% from last year. By property size: 1-bedroom: 23 days, 2-bedroom: 26 days, 3-bedroom: 24 days, 4+ bedroom: 31 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Wichita Airbnb and VRBO market has seen the following changes: supply grew 17%, revenue per listing decreased 18%, occupancy fell 16%, average nightly rates increased 20%, and lead time decreased 22%. These metrics reflect a shift toward shorter booking windows and lower utilization, suggesting that higher rates are failing to offset the decline in occupancy.

In Wichita, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 44% higher occupancy than weekdays.