Is Wichita, Kansas Good for Airbnb Investment?

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Wichita, Kansas Airbnb Investment Overview

Is Airbnb a Good Investment in Wichita, Kansas?

Investing in Airbnb properties in Wichita, Kansas, presents a unique investment opportunity with a focus on stable, rather than explosive, growth. Current market conditions in Wichita show a relatively affordable real estate market compared to larger metropolitan areas, which can lead to lower initial investment costs. Tourism trends in Wichita are driven by its role as a regional hub for aviation, healthcare, and education, attracting business travelers, visiting families, and event attendees. While not a top-tier tourist destination, the steady influx of visitors supports consistent demand for short-term rentals. Property values in Wichita have seen gradual appreciation, contributing to long-term investment potential. The combination of lower entry barriers and reliable, albeit moderate, demand suggests that well-managed Airbnb properties in Wichita can offer a reasonable return on investment, particularly for investors seeking stable cash flow and long-term asset growth.

How Much Does an Average Airbnb Earn in Wichita?

Based on available market data and rental analytics platforms, Airbnb hosts in Wichita, Kansas typically earn between $800 to $2,200 per month, with the average falling around $1,400 monthly for entire home listings, while private rooms generally generate $400 to $900 monthly. Seasonal variations show peak earnings during summer months (June through August) when revenue can increase by 15-25% due to higher tourism and business travel, while winter months typically see a 10-20% decrease in bookings and rates. Spring and fall maintain relatively stable occupancy rates around 60-70% with average daily rates ranging from $65 to $95 for entire homes. Key factors significantly impacting earnings include proximity to downtown Wichita and major attractions like the Keeper of the Plains, property size and amenities, professional photography and listing optimization, responsive host communication, and competition from approximately 300-400 active listings in the metro area. Properties near Wichita State University and the airport corridor tend to command premium rates, while those offering unique amenities like hot tubs or game rooms can achieve 20-30% higher revenue than basic accommodations. Market data suggests that hosts who maintain Superhost status and implement dynamic pricing strategies typically outperform the market average by 15-25%, with the most successful properties achieving occupancy rates above 75% and generating upwards of $2,500 monthly during peak seasons.

Airbnb Return on Investment in Wichita

Airbnb investments in Wichita, Kansas typically generate ROI between 8-15% annually, with average nightly rates ranging from $65-95 depending on property size and location, while occupancy rates hover around 60-70% throughout the year. The payback period for initial investment and setup costs generally spans 6-8 years, considering furniture, marketing, and operational expenses that can total $15,000-25,000 for a typical 2-3 bedroom property. Compared to traditional long-term rentals in Wichita that yield approximately 6-9% ROI with average monthly rents of $800-1,200, short-term rentals can provide 20-40% higher returns but require significantly more active management and carry greater vacancy risk. Properties near downtown, the airport corridor, and university areas perform best, with some investors achieving 18-22% ROI in prime locations, while suburban properties typically see more modest returns of 10-12% due to lower demand and nightly rates averaging $55-75.

Average Airbnb Occupancy Rate in Wichita

Airbnb occupancy rates in Wichita, Kansas typically average around 55-65% annually, with peak seasons occurring during late spring through early fall (May through September) when rates can reach 70-75% due to favorable weather, local events, and increased tourism activity. Winter months generally see occupancy drop to 45-55% as travel decreases and weather conditions become less favorable for leisure trips. Wichita's occupancy rates tend to be slightly below the Kansas state average of approximately 60-68% and notably lower than the national average of 65-75%, primarily due to its smaller tourism market compared to major metropolitan areas and limited seasonal attractions. The city experiences moderate seasonal fluctuations with summer months showing the strongest performance, particularly during local festivals, sporting events, and business conferences, while January and February typically represent the lowest occupancy periods with rates sometimes dipping below 50%.

Best Neighborhoods for Airbnb in Wichita

The best Airbnb investment neighborhoods in Wichita include Downtown/Old Town, which offers proximity to entertainment venues, restaurants, and nightlife with strong pricing power for business travelers and tourists seeking walkable urban experiences. Riverside offers upscale properties near the Arkansas River with access to parks and recreational activities, attracting families and leisure travelers willing to pay premium rates. College Hill provides steady demand from Wichita State University visitors, parents, and academic guests, with moderate pricing and consistent occupancy throughout the academic year. Delano combines historic charm with trendy restaurants and breweries, appealing to younger demographics and weekend visitors seeking authentic local experiences. Crown Heights offers affordable investment properties with good rental yields, attracting budget-conscious travelers while maintaining decent occupancy rates due to central location and highway access. Eastborough provides luxury market opportunities with high-end properties commanding premium rates from business executives and affluent leisure travelers. Finally, the Museum/Zoo area near Sedgwick County Zoo and other family attractions offers strong seasonal demand from families and tourists, with good pricing power during peak travel periods and events.

Short-term Rental Regulations in Wichita

Wichita, Kansas requires short-term rental operators to obtain a business license and register their properties with the city, with applications requiring property owner information, insurance documentation, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two people per bedroom plus two additional guests, with total occupancy not exceeding 16 people, and must maintain off-street parking for each bedroom. Owner-occupancy is not required for short-term rentals, allowing for non-resident ownership and management. Zoning restrictions permit short-term rentals in most residential districts including R-1, R-2, R-3, and R-4 zones, though they are prohibited in certain historic districts and must comply with neighborhood compatibility standards. The registration process involves submitting an application with a $100 annual fee, providing proof of liability insurance of at least $1 million, passing required inspections, and designating a local contact person available 24/7 for guest issues. Recent regulatory changes implemented stricter noise ordinances with enhanced penalties, required installation of noise monitoring devices in properties with pools or outdoor entertainment areas, and established a complaint tracking system that can result in permit suspension after three verified violations within a 12-month period.

Short-term Rental Fees and Taxes in Wichita

Short-term rentals in Wichita, Kansas are subject to several fees and taxes including the Kansas state sales tax of 6.5% plus Sedgwick County sales tax of 1.0% for a combined 7.5% on rental income, along with the Kansas transient guest tax of 6% on lodging stays under 28 days. The City of Wichita requires short-term rental operators to obtain a business license costing approximately $25-50 annually and register their property with an estimated registration fee of $100-200. Property owners must also pay standard property taxes which average around 1.2% of assessed value annually in Sedgwick County. Additional costs may include inspection fees of $75-150 for initial safety compliance checks, and operators typically need to collect and remit the transient guest tax quarterly to the Kansas Department of Revenue. Some neighborhoods may require special zoning permits or conditional use permits ranging from $200-500, and hosts must maintain proper insurance coverage which can cost $500-1,500 annually depending on coverage levels.

Is Airbnb a Good Investment in Wichita, Kansas?

Investing in Airbnb properties in Wichita, Kansas, presents a unique investment opportunity with a focus on stable, rather than explosive, growth. Current market conditions in Wichita show a relatively affordable real estate market compared to larger metropolitan areas, which can lead to lower initial investment costs. Tourism trends in Wichita are driven by its role as a regional hub for aviation, healthcare, and education, attracting business travelers, visiting families, and event attendees. While not a top-tier tourist destination, the steady influx of visitors supports consistent demand for short-term rentals. Property values in Wichita have seen gradual appreciation, contributing to long-term investment potential. The combination of lower entry barriers and reliable, albeit moderate, demand suggests that well-managed Airbnb properties in Wichita can offer a reasonable return on investment, particularly for investors seeking stable cash flow and long-term asset growth.

How Much Does an Average Airbnb Earn in Wichita?

Based on available market data and rental analytics platforms, Airbnb hosts in Wichita, Kansas typically earn between $800 to $2,200 per month, with the average falling around $1,400 monthly for entire home listings, while private rooms generally generate $400 to $900 monthly. Seasonal variations show peak earnings during summer months (June through August) when revenue can increase by 15-25% due to higher tourism and business travel, while winter months typically see a 10-20% decrease in bookings and rates. Spring and fall maintain relatively stable occupancy rates around 60-70% with average daily rates ranging from $65 to $95 for entire homes. Key factors significantly impacting earnings include proximity to downtown Wichita and major attractions like the Keeper of the Plains, property size and amenities, professional photography and listing optimization, responsive host communication, and competition from approximately 300-400 active listings in the metro area. Properties near Wichita State University and the airport corridor tend to command premium rates, while those offering unique amenities like hot tubs or game rooms can achieve 20-30% higher revenue than basic accommodations. Market data suggests that hosts who maintain Superhost status and implement dynamic pricing strategies typically outperform the market average by 15-25%, with the most successful properties achieving occupancy rates above 75% and generating upwards of $2,500 monthly during peak seasons.

Airbnb Return on Investment in Wichita

Airbnb investments in Wichita, Kansas typically generate ROI between 8-15% annually, with average nightly rates ranging from $65-95 depending on property size and location, while occupancy rates hover around 60-70% throughout the year. The payback period for initial investment and setup costs generally spans 6-8 years, considering furniture, marketing, and operational expenses that can total $15,000-25,000 for a typical 2-3 bedroom property. Compared to traditional long-term rentals in Wichita that yield approximately 6-9% ROI with average monthly rents of $800-1,200, short-term rentals can provide 20-40% higher returns but require significantly more active management and carry greater vacancy risk. Properties near downtown, the airport corridor, and university areas perform best, with some investors achieving 18-22% ROI in prime locations, while suburban properties typically see more modest returns of 10-12% due to lower demand and nightly rates averaging $55-75.

Average Airbnb Occupancy Rate in Wichita

Airbnb occupancy rates in Wichita, Kansas typically average around 55-65% annually, with peak seasons occurring during late spring through early fall (May through September) when rates can reach 70-75% due to favorable weather, local events, and increased tourism activity. Winter months generally see occupancy drop to 45-55% as travel decreases and weather conditions become less favorable for leisure trips. Wichita's occupancy rates tend to be slightly below the Kansas state average of approximately 60-68% and notably lower than the national average of 65-75%, primarily due to its smaller tourism market compared to major metropolitan areas and limited seasonal attractions. The city experiences moderate seasonal fluctuations with summer months showing the strongest performance, particularly during local festivals, sporting events, and business conferences, while January and February typically represent the lowest occupancy periods with rates sometimes dipping below 50%.

Best Neighborhoods for Airbnb in Wichita

The best Airbnb investment neighborhoods in Wichita include Downtown/Old Town, which offers proximity to entertainment venues, restaurants, and nightlife with strong pricing power for business travelers and tourists seeking walkable urban experiences. Riverside offers upscale properties near the Arkansas River with access to parks and recreational activities, attracting families and leisure travelers willing to pay premium rates. College Hill provides steady demand from Wichita State University visitors, parents, and academic guests, with moderate pricing and consistent occupancy throughout the academic year. Delano combines historic charm with trendy restaurants and breweries, appealing to younger demographics and weekend visitors seeking authentic local experiences. Crown Heights offers affordable investment properties with good rental yields, attracting budget-conscious travelers while maintaining decent occupancy rates due to central location and highway access. Eastborough provides luxury market opportunities with high-end properties commanding premium rates from business executives and affluent leisure travelers. Finally, the Museum/Zoo area near Sedgwick County Zoo and other family attractions offers strong seasonal demand from families and tourists, with good pricing power during peak travel periods and events.

Short-term Rental Regulations in Wichita

Wichita, Kansas requires short-term rental operators to obtain a business license and register their properties with the city, with applications requiring property owner information, insurance documentation, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two people per bedroom plus two additional guests, with total occupancy not exceeding 16 people, and must maintain off-street parking for each bedroom. Owner-occupancy is not required for short-term rentals, allowing for non-resident ownership and management. Zoning restrictions permit short-term rentals in most residential districts including R-1, R-2, R-3, and R-4 zones, though they are prohibited in certain historic districts and must comply with neighborhood compatibility standards. The registration process involves submitting an application with a $100 annual fee, providing proof of liability insurance of at least $1 million, passing required inspections, and designating a local contact person available 24/7 for guest issues. Recent regulatory changes implemented stricter noise ordinances with enhanced penalties, required installation of noise monitoring devices in properties with pools or outdoor entertainment areas, and established a complaint tracking system that can result in permit suspension after three verified violations within a 12-month period.

Short-term Rental Fees and Taxes in Wichita

Short-term rentals in Wichita, Kansas are subject to several fees and taxes including the Kansas state sales tax of 6.5% plus Sedgwick County sales tax of 1.0% for a combined 7.5% on rental income, along with the Kansas transient guest tax of 6% on lodging stays under 28 days. The City of Wichita requires short-term rental operators to obtain a business license costing approximately $25-50 annually and register their property with an estimated registration fee of $100-200. Property owners must also pay standard property taxes which average around 1.2% of assessed value annually in Sedgwick County. Additional costs may include inspection fees of $75-150 for initial safety compliance checks, and operators typically need to collect and remit the transient guest tax quarterly to the Kansas Department of Revenue. Some neighborhoods may require special zoning permits or conditional use permits ranging from $200-500, and hosts must maintain proper insurance coverage which can cost $500-1,500 annually depending on coverage levels.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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How to start an Airbnb in Wichita, Kansas?

To start an Airbnb in Wichita, Kansas, begin by researching local regulations as Wichita requires short-term rental operators to obtain a business license through the City Clerk's office and comply with zoning ordinances that may restrict rentals in certain residential areas. Contact the Wichita Planning Department at 316-268-4421 to verify your property's zoning allows short-term rentals, then apply for a business license ($25-50 annually) and ensure compliance with fire safety codes and occupancy limits. Find a suitable property in popular areas like Old Town, Riverside, or near Wichita State University, considering factors like proximity to attractions, parking availability, and neighborhood safety. Furnish the space with essential amenities including Wi-Fi, cable TV, kitchen basics, linens, towels, and safety equipment like smoke detectors and fire extinguishers as required by Wichita fire codes. Create your Airbnb listing with professional photos, competitive pricing ($60-120/night depending on location and size), and highlight local attractions like the Keeper of the Plains, Botanica Gardens, and downtown entertainment district. For ongoing management, establish check-in procedures, maintain cleanliness standards, respond promptly to guest inquiries, and consider hiring local cleaning services like Molly Maid or independent contractors for turnovers, while keeping detailed records for tax purposes and ensuring compliance with Kansas state tax requirements including collecting and remitting applicable sales taxes.

What's the best way to identify good STR properties in Wichita, Kansas?

To identify profitable short-term rental properties in Wichita, Kansas, focus on locations near major attractions like the Sedgwick County Zoo, Old Town entertainment district, Intrust Bank Arena, and the airport corridor, as well as properties within 10-15 minutes of downtown and major hospitals like Via Christi and Wesley Medical Center. Target 2-4 bedroom single-family homes or duplexes built after 1980 with modern amenities, parking, and outdoor spaces, as these perform well with business travelers and families visiting local attractions. Conduct pricing analysis using AirDNA and Mashvisor to identify properties where potential STR revenue exceeds long-term rental income by 40-60%, typically finding opportunities in the $80,000-$180,000 purchase price range in neighborhoods like Riverside, College Hill, and areas near Wichita State University. Research competition by analyzing existing Airbnb and VRBO listings within a 3-mile radius, identifying gaps in amenities or property types, and noting that Wichita's STR market is less saturated than major metros, creating opportunities for well-positioned properties. Utilize tools like Rabbu, BiggerPockets calculators, and local MLS data through Realtor.com, while connecting with Wichita-area real estate agents familiar with investment properties and monitoring the city's STR regulations, which currently allow short-term rentals in most residential zones with proper registration and compliance with safety requirements.

How to get an Airbnb permit in Wichita, Kansas?

To obtain an Airbnb/STR permit in Wichita, Kansas, you must first contact the City of Wichita Planning Department at 455 N Main Street or call 316-268-4421 to begin the application process for a Special Use Permit, as short-term rentals are regulated under zoning ordinances. Required documents typically include a completed application form, property deed or lease agreement, site plan showing parking arrangements, floor plan of the rental unit, proof of liability insurance (minimum $1 million), contact information for a local property manager if you're not local, and neighbor notification forms. The application fee is approximately $400-600 depending on the property type and size, with additional fees for inspections around $100-150. You must also obtain a business license from the City Clerk's office for approximately $25-50 annually and register for sales tax with the Kansas Department of Revenue. The timeline typically takes 6-8 weeks from submission to approval, including a public hearing before the Board of Zoning Appeals. Wichita-specific requirements include maintaining off-street parking for guests, ensuring the property meets all building and fire codes, limiting occupancy to no more than 2 people per bedroom plus 2 additional guests, maintaining a guest registry, and having a local contact person available 24/7 for noise or other complaints. Properties must also comply with neighborhood compatibility standards and cannot be located within 300 feet of another permitted short-term rental in residential zones.

Is it legal to operate a short-term rental in Wichita, Kansas?

Short-term rentals (STRs) are legal in Wichita, Kansas, but operate under specific regulations implemented by the city. As of 2023, Wichita requires STR operators to obtain a business license and comply with zoning restrictions that generally limit short-term rentals to certain residential districts while prohibiting them in some neighborhood areas. The city has established occupancy limits, parking requirements, and noise ordinances that STR properties must follow, with violations subject to fines and potential license revocation. Properties must meet safety standards including smoke detectors and emergency egress requirements, and operators are required to provide contact information to neighbors and respond to complaints within a reasonable timeframe. Recent changes have included stricter enforcement mechanisms and clearer definitions of what constitutes a short-term rental versus traditional lodging, with the city conducting periodic reviews of STR impacts on housing availability and neighborhood character in various Wichita districts.

What are the best places to invest in Airbnb in Wichita, Kansas?

The best areas for Airbnb investment in Wichita, Kansas include Downtown Wichita, particularly near the Century II Performing Arts Center and Intrust Bank Arena, which attracts business travelers, concert-goers, and sports fans year-round. The Old Town Entertainment District is highly attractive due to its nightlife, restaurants, and proximity to major events, making it popular with tourists and weekend visitors. The Riverside/Museum District area offers appeal for cultural tourists visiting the Wichita Art Museum and Exploration Place, while also being close to downtown business activities. College Hill neighborhood provides opportunities for visitors to Wichita State University, especially during basketball season and graduation periods. The West Side near the airport and major hotels captures business travelers and those attending conventions at Century II, while Delano District's growing arts scene and walkable entertainment options make it increasingly popular with younger visitors and tourists seeking authentic local experiences.

Airbnb and lodging taxes in Wichita, Kansas

In Wichita, Kansas, Airbnb hosts are subject to both state and local lodging taxes. The Kansas state transient guest tax is 6% on gross receipts from lodging rentals under 28 days, while Wichita imposes an additional local transient guest tax of 6%, bringing the total lodging tax rate to 12%. These taxes are collected from guests at the time of booking through Airbnb's automatic tax collection system for most properties, with Airbnb remitting payments directly to the Kansas Department of Revenue and the City of Wichita on a monthly basis. Hosts must register with both the state and city tax authorities, obtain the necessary permits, and may need to file returns even when Airbnb collects taxes automatically. Exemptions typically include stays of 28 days or longer which are considered long-term rentals rather than transient lodging, and certain government or charitable organization bookings may qualify for exemptions with proper documentation. Properties rented for fewer than 7 days per year may also be exempt from registration requirements, though this varies by jurisdiction and hosts should verify current regulations with local tax authorities.

Total cost to purchase, furnish and operate an Airbnb in Wichita, Kansas

Starting an Airbnb in Wichita, Kansas requires approximately $180,000-220,000 in total initial investment. Property purchase costs average $140,000-160,000 based on median home prices in desirable neighborhoods like Riverside or College Hill. Furnishing a 2-3 bedroom property runs $8,000-12,000 including beds, living room furniture, kitchen essentials, linens, and décor from retailers like IKEA, Wayfair, and local stores. Initial setup costs total $2,000-3,000 covering professional photography, listing creation, welcome materials, and basic supplies. Permits and fees include a $150 business license, $200-400 short-term rental permit, and potential HOA approval costs of $100-300. Insurance requires a specialized STR policy costing $1,200-1,800 annually, plus liability coverage adding $300-500 yearly. Utility setup and deposits for electricity, gas, water, internet, and cable total $500-800 initially. First six months operating costs include utilities ($900-1,200), cleaning supplies and services ($600-900), maintenance reserves ($800-1,200), marketing ($300-500), and platform fees averaging 3-5% of bookings, totaling approximately $4,000-6,000 for the initial operating period.

Are Airbnb properties in Wichita, Kansas profitable?

Airbnb properties in Wichita, Kansas typically generate annual revenues ranging from $15,000 to $35,000 for entire homes, with average daily rates between $65-120 depending on location and property size. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($30-50 per turnover), utilities ($150-250 monthly), property management (10-20% of revenue), insurance ($800-1,500 annually), and maintenance costs ($2,000-4,000 yearly). Properties near downtown Wichita, Wichita State University, and the airport command premium rates, with some investors reporting net profit margins of 15-25% after all expenses. Success factors include proximity to major attractions like Exploration Place and Century II, professional photography, competitive pricing strategies, and maintaining high cleanliness standards. A typical 3-bedroom home in College Hill or Riverside neighborhoods might gross $28,000 annually while netting $6,000-8,000 profit, representing a 6-8% return on a $120,000 property investment. The market benefits from steady business travel demand from companies like Koch Industries, Spirit AeroSystems, and Cargill, though seasonal fluctuations occur with lower winter occupancy rates of 45-55% compared to summer peaks of 70-80%.

What is the expected return on investment for an Airbnb in Wichita, Kansas?

Airbnb investments in Wichita, Kansas typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% based on current market conditions. Properties in desirable neighborhoods like Riverside and College Hill can achieve higher returns of 10-14% annually, while average properties in standard residential areas tend toward the lower end at 6-9%. The Wichita market benefits from steady demand from business travelers visiting companies like Koch Industries, Spirit AeroSystems, and Cargill, plus visitors to Wichita State University events. Initial profitability usually occurs within 12-18 months for well-positioned properties, with full investment recovery typically achieved in 7-10 years. Properties priced between $80,000-$150,000 show the strongest performance metrics, generating average monthly revenues of $1,200-$2,200 with occupancy rates of 65-75% throughout the year. The relatively low property acquisition costs in Wichita compared to coastal markets allow for faster cash flow positive scenarios, though seasonal fluctuations during winter months can reduce returns by 15-25% compared to peak summer performance.

What company can help me find and buy a profitable Airbnb in Wichita, Kansas?

STRSearch is a national platform that specializes in identifying profitable short-term rental properties for investors in Wichita, Kansas. Local real estate agents like those at Keller Williams Signature Partners and RE/MAX Associates have experience helping investors find Airbnb-suitable properties in desirable Wichita neighborhoods such as Riverside and College Hill. National services including Awning, Mashvisor, and AirDNA provide market analysis and property recommendations for Wichita's short-term rental market. Local property management companies like Wichita Property Management and Kansas Property Solutions offer turnkey Airbnb setup services for investors. Real estate investment firms such as BiggerPockets-connected agents and local investor-focused realtors at Century 21 and Coldwell Banker specialize in identifying properties with strong rental potential near Wichita State University and downtown attractions. Additional services include RedAwning for market analysis, Vacasa for property management, and local contractors who specialize in Airbnb renovations and furnishing services to help investors maximize their rental income potential in the Wichita market.

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