Wichita, Kansas, situated in Sedgwick County, is a popular place to live, as is shown by the 9% population increase it has experienced over the last few years. Despite the fact that vacancy rates are falling, there are still plenty of opportunities for interested renters and home buyers in this city. Wichita offers plenty of fun and activities, a taste of some of the best barbecue around and an active nightlife. An affordable housing market makes this city the place to be for anyone looking to move to a new place.
The housing market in Wichita has looked rather promising over the past few years. Many newcomers have snatched up available vacancies, decreasing the apartment vacancy rate by 10.5 percent since January 2010. Fortunately, the vacancy rate is still above 8 percent, giving potential residents the opportunity to find an apartment or home that meets their needs and satisfactions. With a median gross rent of $690, Wichita is one of the most affordable U.S. cities to live in. Additionally, the citys median home sale price is $82,648, which is statistically lower than most cities. The annual residential turnover is right at 16% with the median years in residence is 3 years.
Whether you rent to own or buy a house or apartment in Wichita, you will be living in some of the hottest neighborhoods around. Currently, there are more homeowners in Wichita than there are renters. There are approximately 162,300 owned households and 70,900 rented households. The rate of owner vacancies is 3.1%, while the rate of rental vacancies is 8.0%.
Wichita is situated in Tornado Alley. Fortunately, residents haven access to community tornado shelters and many homeowners have opted for the installation of personal shelters. The weather in Wichita is generally sunny and hot during the summer months with average high ranging between the low 80s to low 90s and the average lows between the mid-60s and low 70s. During the spring and fall, average highs are between 50 and 60 degrees, and average lows are between the mid-40s and low 50s. Winter months are bearable, bringing in average highs of mid-40 temperatures and average lows ranging from the mid-20s to mid-30s.
Average rainfalls in Wichita are at the highest during the summer months with an average of 4.57 inches in May, 5.20 inches in June, 3.32 inches in July and 3.71 inches in August. During the winter months, average rainfalls drop from about an inch and a half to less than an inch per month. Weather in the city is typically humid because of the nearby humid subtropical and humid continental zones. Summers are hot and humid while winters are cold and dry. Thunderstorms occur frequently during the spring and summer months.
There are several neighborhoods in the city of Wichita. Each of these neighborhoods offers something unique to potential residents. Learn what each of these neighborhoods has to offer below.
Eastborough: Eastboroughis a wonderful neighborhood. Although the area is rather old, it has been well maintained through several renovations and upkeep. This is an exclusive neighborhood that is typically higher priced than the other neighborhoods in Wichita. Many younger families have recently moved into this community, updating the homes to give them a more modern look and feel. To maintain safety in the area, the neighborhood has its own police department and residential speed limits of 20mph.
College Hill: College Hill is similar to Eastborough in that it offers plenty of older homes that have undergone remodeling. This is yet another neighborhood with higher priced homes and exclusive residency benefits. This neighborhood is popular among older residents and younger families. The older homes offer a hint of historic architecture while many of the renovations done to these homes are perfect for individuals and families looking for something a bit more modern.
Southwest Village: Southwest Village is an extremely livable neighborhood in Wichita, especially for couples with children. There are plenty of opportunities within walking distance such as local grocery shopping within a mile, food and drink opportunities within a mile, shopping within a mile and local schools and parks all within a mile. In fact, just about everything you can think of is within a mile of this neighborhood, giving residents the perfect opportunity to enjoy a stroll to their nearest source of shopping and entertainment.
Orchard Park: Orchard Park is yet another livable neighborhood within Wichita. Like Southwest Village, Orchard Park offers plenty of shopping and entertainment within a mile. There are 4 grocery stores within a mile of this neighborhood, 13 shopping venues, 20 different food and drink venues, 7 schools, and even a park for the kids to enjoy.
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