While Wichita’s housing market remains especially tight, the city has seen a boom in luxury apartments over the last decade, according to a recent study. A StorageCafe analysis of Yardi Matrix data ranks Wichita No. 10 among the 100 largest American cities for its percentage of “new high-end apartments” built from 2012-21. The study found that 95% of 2,620 apartments built in the city during that time fit the luxury label. “One attribute for which Wichita, Kan., might not be on everyone’s radar is luxury living,” the analysis said, while also noting the city stands out for low cost of living.
Source: Wichita Business Journal
