Olathe, Kansas Rental Market Trends
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
Olathe, Kansas Average Apartment Rent
Olathe, Kansas Apartment rent ranges
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**
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**
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**
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**
Olathe, Kansas Renter-occupied housing units by the presence of own children**
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**
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**
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**
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**
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**
Olathe, Kansas Geographical mobility in the past year for householders living in renter-occupied housing units**
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