Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Olathe, KS Rental Market Trends
What is the average rent in Olathe?
The average rent for an apartment in Olathe is $1,037, a 8% increase compared to the previous year.
Average Rent in Olathe, KS
Last updated May 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,037 | 8% | 863 sq. ft. |
What is the average apartment size in Olathe?
The average size for a Olathe, KS apartment is 863 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Olathe, KS Apartment Rent Ranges
- $501-$7004%
- $701-$1,00056%
- $1,001-$1,50031%
- $1,501-$2,0009%
Olathe, KS Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
12,351 or 25% of the households in Olathe, KS are renter-occupied while 35,876 or 74% are owner-occupied.
Olathe, KS Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Olathe, KS | $914 | $930 | $927 | $924 | $953 | $961 | $964 | $971 | $1,003 | $1,007 | $1,037 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
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How Olathe Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Kansas City | $1,071 | 4% |
| Overland Park | $1,164 | 3% |
| Wichita | $703 | 4% |
| Olathe | $1,037 | 8% |
| Lenexa | $1,103 | 2% |
| Shawnee | $971 | 2% |
| Kansas City | $858 | 2% |
| Independence | $881 | 11% |
| Gardner | $963 | -1% |
| Raytown | $794 | 5% |
| Belton | $1,022 | 5% |
Most Popular Apartments in Olathe
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 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.