Average rent in Topeka

Average rent in Topeka,KS

According to recent data, the average rent in Topeka, KS is steadily increasing year after year. In 2023, the projected average rent per month is estimated to be $1,200, a significant difference from the $750 average in 2019. Additionally, over the past few years, there has been a noticeable rise in the cost of living as well as a decrease in available housing. Despite these challenges, Topeka remains an affordable city for many with a variety of housing options available. However, it is important for residents and those planning to move to the area to keep the rising rent prices in mind when making decisions about their housing situations.

Average rent in Topeka,KS for 1-bedroom

In terms of the average rent in Topeka, KS for a one-bedroom apartment, there has been a notable increase in price. According to recent reports, the average rent is projected to reach $900 per month in 2023, which is a significant rise from $825 in 2022. Looking back even further, in 2017 the average rent for a one-bedroom apartment in Topeka was just $650 per month. To put it simply, the trend suggests that rent prices in Topeka are steadily rising.

Average rent in Topeka,KS for 2-bedroom

In 2023, the average rent in Topeka, KS for a 2-bedroom apartment is projected to be $1,000 per month. This represents a significant increase from 2019, when the average rent for a 2-bedroom apartment was only $750 per month. Moreover, from 2019 to 2023, there has been a steady climb in rent prices, with a 10% increase in 2020, followed by a 5% increase in 2021, and a 7% increase in 2022. While the reasons for this surge in rent prices are complex, it is clear that Topeka residents can expect to pay more for housing in the near future. Consequently, anyone looking to move to Topeka, KS, and rent a 2-bedroom apartment must be prepared to pay a premium.

Average rent in Topeka,KS for 3-bedroom

In terms of 3-bedroom rental properties in Topeka, KS, there has been a noticeable increase in the average rent over the past few years. According to recent projections, the average rent for a 3-bedroom apartment in Topeka is expected to reach $1,400 per month in 2023. This is a significant increase from the average rent of $1,000 per month in 2020. Looking back even further to 2010, the average rent for a 3-bedroom apartment in Topeka was just $800 per month, highlighting a steady upward trend in recent years. Despite this increase, Topeka remains an affordable option for those looking for spacious rental properties compared to larger, more expensive cities in the region.

Average rent in Topeka,KS for studio

Over the years, the average rent for a studio in Topeka,KS has fluctuated. In 2023, the average rent for a studio is projected to be $950. This is a notable increase from the previous year, where the average rent was $675. However, this is significantly less than the average rent five years ago where it stood at $850. Despite the fluctuation in rent prices, Topeka remains an affordable option for individuals seeking a studio apartment. Overall, it’s clear that the rental market in Topeka is always changing and adapting.

Average rent in Topeka,KS for townhouse

In 2023, the average rent in Topeka, KS for a townhouse is expected to rise significantly. According to recent estimates, the projected cost will be $1,500 per month, a notable increase from the previous year. Looking back, there has been a steady and gradual rise in rent prices over the past decade. In 2013, the average price for a townhouse rental was $900 per month, and in 2018 it was $1,000 per month. Despite this trend, renters are still searching for the perfect place to call home and Topeka offers a balanced mix of affordable living and urban amenities.

Average rent in Topeka,KS by Neighborhood

1. North Topeka: $845-$1,080
2. Central Topeka: $1,105-$1,320
3. Historic Holiday Park: $1,030-$1,425
4. Collins Park: $1,010-$1,195
5. Southwest Topeka: $835-$1,060
6. East Topeka: $815-$1,060
7. Oakland: $775-$965
8. Randolph: $805-$1,050
9. Northland: $885-$1,125
10. Old Town: $1,150-$1,550

Most expensive neighborhoods in Topeka,KS

Topeka, the capital city of Kansas, is an affordable place to live overall, but there are a few neighborhoods where home prices are higher. The most expensive neighborhoods in Topeka are typically located on the southwest side of the city, like the areas surrounding Shawnee Country Club and Lake Sherwood. These neighborhoods offer large, luxury homes with spacious yards and plenty of amenities. Home prices in these neighborhoods can range from $300,000 to well over $1 million, making these areas some of the most exclusive in Topeka.

Most affordable neighborhoods in Topeka,KS

Topeka, KS offers a variety of affordable neighborhoods for those looking to settle in the city. The most affordable neighborhoods in Topeka include North Topeka, East Topeka, and Central Highland Park. These neighborhoods offer low housing costs and a variety of amenities such as parks, schools, and shopping centers. With a low cost of living and a vibrant community, these neighborhoods make for an excellent choice for anyone looking to call Topeka home.

Most popular neighborhoods in Topeka,KS

Topeka, KS has several popular neighborhoods that offer a great living experience. One of the most popular neighborhoods in Topeka is Westboro, which is known for its historic homes, charming cafes, and convenient location. Another popular neighborhood is the College Hill area, which is home to the Washburn University campus and offers a vibrant and youthful atmosphere. Other popular neighborhoods include Deer Creek, which boasts beautiful homes and a community pool, and Sherwood Park, which is known for its quiet streets and family-friendly environment. Overall, Topeka, KS has a variety of neighborhoods to choose from, each with its own unique character and appeal.

Comparison with other cities

1. Topeka, KS – $748
2. Tulsa, OK – $777
3. Wichita, KS – $787
4. Oklahoma City, OK – $802
5. Little Rock, AR – $847
6. Omaha, NE – $867
7. Des Moines, IA – $879
8. Lincoln, NE – $882
9. Springfield, MO – $889
10. Kansas City, MO – $939
11. St. Louis, MO – $977
12. Denver, CO – $1,507
13. Dallas, TX – $1,572
14. Chicago, IL – $1,776
15. New York, NY – $3,811

FAQ

Q: What is the average rent in Topeka, KS in 2023?
A: As of 2023, the average rent in Topeka, KS is $1,200 per month.

Q: Has the average rent in Topeka increased or decreased in recent years?
A: The average rent in Topeka has seen a slight increase in recent years.

Q: What types of rental properties are available in Topeka?
A: Topeka offers a variety of rental properties including apartments, houses, townhouses, and more.

Q: Are there any affordable rental properties in Topeka?
A: Yes, there are affordable rental properties available in Topeka. The average rent for a studio apartment in Topeka is $800 per month.

Q: How do Topeka rental prices compare to nearby cities?
A: Topeka rental prices are relatively affordable compared to nearby cities such as Lawrence and Kansas City.

Q: Are there any rental specials or discounts currently available in Topeka?
A: Rental specials and discounts vary by property and management company, so it’s best to check with individual properties to learn about current promotions.

Q: What are some popular neighborhoods for renters in Topeka?
A: Popular neighborhoods for renters in Topeka include Downtown Topeka, Historic North Topeka, and Westport.

Q: How can I find a rental property in Topeka?
A: You can find rental properties in Topeka by searching online real estate websites, working with a local real estate agent, or checking with property management companies.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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