Olathe, Kansas Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Olathe, Kansas rental market.

Olathe, Kansas

Average Apartment Rent

$1,497

Y-o-Y Change in Average
Apartment Rent

3.4%

As of May 2026

Compared to a year ago, Olathe, Kansas apartments have recorded a 3.4% rent increase.

Olathe, Kansas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Olathe $1,258 $1,303 $1,342 $1,369 $1,391 $1,405 $1,445 $1,465 $1,477
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Olathe
National
Jul 2023
$1,258
$1,741
Nov 2023
$1,303
$1,732
Mar 2024
$1,342
$1,736
Jul 2024
$1,369
$1,756
Nov 2024
$1,391
$1,749
Mar 2025
$1,405
$1,755
Jul 2025
$1,445
$1,767
Nov 2025
$1,465
$1,753
Mar 2026
$1,477
$1,750

Olathe, Kansas Average Apartment Rent

Olathe, Kansas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 50.71%, apartments priced $1,000 - $1,500 represent the bulk of Olathe, Kansas rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.38%.

Olathe, Kansas Housing tenure**

Renter occupied housing units 13,510
Owner occupied housing units 37,511

Renters take up 26% of Olathe, Kansas real estate, occupying a total of 13,510 units, while homeowners live in 37,511 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$54,391

Average household size of renter-occupied housing units**

2.31

Rental vacancy rate**

6.7%

Olathe, Kansas Renter-occupied housing units by no. of bedrooms**

No bedrooms 694
1 bed 3,280
2 beds 5,490
3 beds 3,093
4 beds 823
5 or more beds 130

There are 5,490 rentals in Olathe, Kansas with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 130 units. Overall, the median number of rooms in Olathe, Kansas homes for rent is 4.2.

Olathe, Kansas Renter-occupied units by age of householder**

15 - 24 years 1,279
25 - 34 years 3,345
35 - 44 years 2,329
45 - 54 years 2,550
55 - 59 years 773
60 - 64 years 601
65 - 74 years 1,220
75 - 84 years 671
85 years and over 742

Most condos for rent in Olathe, Kansas are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 45 - 54 years age group (19%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 4%.

Olathe, Kansas Renter-occupied housing units by family type**

Family households 7,013
Non-Family Households 6,497

Olathe, Kansas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 4,159
No related children of the householder under 18 9,351

A total of 7,013 apartments for rent in Olathe, Kansas, or 52% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 4,159 units. All in all, the median size of a renter-occupied household in Olathe, Kansas is 2.31.

Olathe, Kansas Renter-occupied housing units by educational attainment**

Less than high school graduate 1,201
High school graduate (including equivalency) 3,619
Some college or associate's degree 4,683
Bachelor's degree or higher 4,007

In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Olathe, Kansas.

Olathe, Kansas Renter-occupied units by year structure built**

Built 2020 or later 69
Built 2010 - 2019 1,534
Built 2000 - 2009 2,104
Built 1990 - 1999 2,576
Built 1980 - 1989 2,965
Built 1970 - 1979 2,004
Built 1960 - 1969 1,309
Built 1950 - 1959 576
Built 1940 - 1949 145
Built 1939 or earlier 228

The highest share of Olathe, Kansas apartment rentals, namely 22% or 2,965 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (19%, 2,576 units), and the ones Built 2000 - 2009 (16%, 2,104 units).

Olathe, Kansas Renter-occupied units by year householder moved in**

Moved in 2021 or later 817
Moved in 2018 to 2020 4,992
Moved in 2010 to 2017 5,902
Moved in 2000 to 2009 1,403
Moved in 1990 to 1999 268
Moved in 1989 or earlier 128

Median year renter moved into unit 2017

Most Olathe, Kansas renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Olathe, Kansas condos for rent is 2017.

Olathe, Kansas Renter-occupied housing units by vehicles available**

No vehicle available 1,625
1 vehicle available 5,954
2 vehicles available 4,276
3 vehicles available 1,167
4 vehicles available 299
5 or more vehicles available 189

When it comes to transportation options, 44% of Olathe, Kansas renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 12% have No vehicle available.

Olathe, Kansas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 12,623
Car, truck, or van - carpooled 2,361
Walked 224
Taxicab, motorcycle, bicycle, or other means 418
Worked at home 1,545

Olathe, Kansas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 24,407
Moved within same county 4,072
Moved from different county within same state 993
Moved from different state 1,412

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Olathe, Kansas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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