MARKET SNAPSHOT Wichita q3 2025

Market Overview

‍The multifamily market in Wichita remains robust in Q3 2025, with average asking rent near $1,140 per unit and occupancy holding at approximately 94.2 percent. Net absorption has outpaced new deliveries year-to-date, contributing to tightening fundamentals even as stats remain modest. With supply growth contained and demand steady, the region is well positioned for moderate rent growth ahead.

‍About MMG

‍MMG Real Estate Advisors is a U.S.-based research and advisory firm focused on metro-level multifamily housing markets. Their Q3 2025 Wichita market report consolidates data on rent trends, occupancy, absorption, completions and pipeline conditions to help owners, developers and investors refine timing, assess risk and strategize effectively. To read the full report, click here.