Rent and resale are moving in opposite directions in 67211. Zillow’s June 2026 ZORI, a typical observed asking-rent index blended across rental types, is $907 per month, 7.48% above the same month a year earlier. In Redfin’s direct rolling-three-month ZIP resale observation ending in June, the median sold price is $125,972, down 9.05% year over year. This is not a like-for-like comparison: the first measure tracks asking rents and the second completed for-sale transactions. The five-digit label is both a Zillow ZIP market identifier and a Census ZCTA match; a ZCTA is a statistical area, not identical to a USPS delivery ZIP. The divergent signals make a single current rent figure insufficient on its own.
Backward-looking ZORI history nevertheless shows persistent upward rent movement. Exact same-month annualized changes were 7.48% over 1 year, 6.16% over 3 years, and 6.98% over 5 years through the endpoint. The latest pace therefore confirms the longer rising path rather than breaking from it, and it exceeds both multi-year rates. Coverage reaches 98.57%, supporting broad continuity. Yet this high-variability monthly-return series exhibits 3.77% annualized variability, so a single current reading merits less precision than the multi-year direction. Its maximum drawdown reached -3.76%, showing that the upward path included declines and offering no proof against future movement. Transparent national discovery ranks among history-eligible ZIPs, where lower is higher, place momentum at 84, stability at 2,472, and the balanced measure at 752; these measurements describe the past, not a forecast or investment recommendation.
Broader asking-rent benchmarks accentuate the ZIP’s lower current index but do not replace it. The Zillow Wichita city scope is $1,146.46, while the Zillow Sedgwick County scope and the Zillow Wichita, KS metro scope are each $1,204; all are wider context, not ZIP comps. Those city, county, and metro readings use the asking-rent-index universe, unlike the Census and HUD measures below. Their gap with the ZIP may help frame scale, but it cannot establish the rent for a given dwelling, lease term, or bedroom count. The appropriate comparison remains the direct ZIP index first, with broader geographies retained only as reference points.
Bedroom figures require an explicit modelling caveat. Scaling ZIP ZORI using the local HUD bedroom ladder produces modelled monthly estimates of $642 for a studio, $702 for one bedroom, $907 for two bedrooms, $1,189 for three bedrooms, and $1,472 for four bedrooms. They are modelled estimates, never measured bedroom rents or leasing comps. The local HUD two-bedroom FMR/SAFMR standard is $1,060. HUD FMR/SAFMR is an administrative, bedroom-specific standard used for program purposes, not asking rent, and the Zillow index is a typical blended observed asking-rent measure. The method supplies a consistent size orientation, not proof that any available unit will carry these amounts.
ACS supplies a different affordability and occupancy lens. In the matched ZCTA’s ACS 2024 five-year survey, median gross rent is $814 among occupied renter homes; it includes selected utilities and is not an asking-rent observation. Of 4,347 renter households, 1,766, or 40.63%, reported rent burden at or above the 30% threshold. The ZIP index produces a $36,280 annual income screen at that threshold, versus ZCTA median household income of $44,120. This required-income screen is arithmetic only, not advice or an applicant qualification rule. Nor does the burden share demonstrate affordability, payment performance, or conditions for a particular unit.
The ACS ZCTA count also signals a mixed occupancy base: 9,635 housing units, 8,162 occupied units, and 1,473 vacant units translate to a 15.29% vacancy rate. Renters account for 53.26% of occupied units. Housing stock is weighted toward 6,943 single-family units, alongside units in large multifamily structures. There are 294 vacant units classified for rent, a category that should not be equated with immediately rentable, comparable supply. Vacancy and tenure are area-level survey measures, not proof of availability, condition, or turnover at a particular property. Within this separate Census universe, they add context to the rent and burden readings rather than a unit-level answer.
Resale liquidity is clearer when held in Redfin’s for-sale universe. The direct ZIP rolling-three-month series recorded 81 homes sold with a median 28 days on market. Inventory stood at 38 homes, 25.43% higher year over year, and months of supply were 1.4. The average sale-to-list result was 97.13%, while 25.34% of sales closed above list. These are resale-market signals, not rental transactions, and do not convert ZORI into a property operating statement. Alongside the year-over-year sale-price decline introduced above, the turnover and supply figures report transaction flow but do not confirm the asking-rent history. That contrast is the key tension: positive ZIP rent-index history sits beside a weaker reported resale price.
One cross-source screen divides annualized ZIP ZORI by the Redfin median sold price, producing 8.64%. It is only a screening ratio, not a cap rate, net return, expected return, or property yield; no operating costs, financing, taxes, condition, or property match enter it. The rent/resale divergence, historical variability, and survey-wide vacancy mean neither a current index nor a resale median should be assigned to an individual address. Concrete property-level checks should identify the actual bedroom count, lease length, utilities included, concessions, condition, comparable active rental terms, list price, and verified sale status. These checks delimit the evidence rather than resolve it into a forecast.
","findings":[{"body":"June 2026 ZORI was $907, and exact same-month rent changes were positive across the one-, three-, and five-year horizons. The current 7.48% pace was above the multi-year rates. Redfin, however, reported a 9.05% year-over-year decline in the ZIP median sold price. Rent asking and resale evidence therefore point in different directions, and neither observation forecasts subsequent movement.","title":"Rent momentum conflicts with resale price"},{"body":"Zillow measures a blended typical asking-rent index. ACS reports a five-year survey median gross rent among occupied renter homes and includes selected utilities. HUD offers bedroom-specific administrative standards rather than asking rent. The studio-through-four-bedroom amounts are modelled estimates derived by scaling ZIP ZORI with the HUD ladder, so they are size orientation only and not measured rental comps.","title":"Four rent concepts serve different questions"},{"body":"ACS reports 40.63% of renter households at or above the 30% burden threshold, while the current-index income screen is $36,280 compared with a $44,120 ZCTA median household income. The ZCTA also has a 15.29% vacancy rate. These survey indicators describe populations and units in aggregate; they cannot establish a lease decision, unit condition, or affordability for a particular household.","title":"Area-level affordability and availability are limited"},{"body":"Redfin’s direct rolling-three-month ZIP series shows completed resale activity, inventory, supply, marketing time, and sale-to-list outcomes. The 8.64% annualized-rent-to-median-sale-price screen is a cross-source arithmetic ratio only. It excludes property-level economics and must not be treated as a cap rate, net return, expected return, or property yield.","title":"Resale data measures transaction flow, not rental economics"}],"risks":["The ZIP asking-rent index blends rental types, and its bedroom figures are scaled from HUD standards; neither source measures the advertised rent of a specific available home.","ACS is a five-year ZCTA survey of occupied renter homes, includes selected utilities, and has sampling uncertainty; it cannot be read as a current lease-market or parcel-level affordability result.","Redfin’s rolling-three-month ZIP figures cover completed for-sale transactions rather than rentals. A sale-price movement, supply reading, or sale-to-list signal cannot establish operating economics for a rental property.","The cross-source rent-price screen excludes expenses, financing, taxes, property condition, and rent concessions, while the historical path is backward-looking and includes periods of variability."],"qa":[{"a":"Here 67211 is simultaneously Zillow’s ZIP market identifier for ZORI and the matching Census ZCTA used for ACS tables. A ZCTA is a statistical area constructed for tabulation and is not identical to a USPS delivery ZIP. Redfin is separately reported as a direct ZIP resale series, so its geography should not be silently substituted into city, county, or metro context.","q":"What geographic area does 67211 represent here?"},{"a":"They ask different questions. Zillow ZORI is a typical observed asking-rent index blended across rental types. ACS median gross rent is a five-year survey statistic for occupied renter homes and includes selected utilities. HUD FMR/SAFMR is an administrative bedroom-specific standard. The stated bedroom series is modelled by scaling ZIP ZORI with the local HUD ladder, not a record of measured bedroom rents.","q":"Why do the Zillow, ACS, and HUD rent figures differ?"},{"a":"No. The history data records exact same-month changes through its endpoint and establishes that the recent direction confirmed a positive multi-year path. Its 3.77% annualized monthly-return variability and historical drawdown demonstrate movement around that path. Coverage and national discovery ranks aid interpretation of the observed series, but none converts backward-looking measurements into a forecast or investment recommendation.","q":"Does history make the current ZORI reading a forecast?"},{"a":"It adds a separate for-sale view of completed ZIP transactions: sale prices, turnover, marketing time, supply, inventory, and sale-to-list behavior. The reported price decline challenges a simple reading of rent-index momentum, although it does not explain it. Check actual unit specifications, lease terms, utilities, concessions, condition, active rental alternatives, list price, and verified closing status before linking either dataset to one address.","q":"What does direct resale evidence add to the rent reading?"}],"sources":[{"key":"apartment_list_time_on_market","name":"Apartment List Time on Market — listing liquidity","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/category/data-rent-estimates"},{"key":"apartment_list_vacancy","name":"Apartment List Vacancy Index — rental vacancy","release":"Apartment List 2026-07","pulledAt":"2026-08-08","url":"https://www.apartmentlist.com/research/apartment-list-vacancy-index-methodology"},{"key":"census_zcta_facts","name":"Census ACS five-year — ZCTA housing and income","release":"ACS 2024 5-year ZCTA","pulledAt":"2026-08-08","url":"https://api.census.gov/data/2024/acs/acs5.html"},{"key":"hud_zip","name":"HUD USPS crosswalk and Small Area FMRs — ZIP rent fallback","release":"ZIP-CBSA 2025Q4 + SAFMR FY2026","pulledAt":"2026-07-26","url":"https://www.huduser.gov/portal/datasets/usps_crosswalk.html"},{"key":"realtor_county","name":"Realtor.com Economic Research — county listing inventory","release":"county inventory 2026-06","pulledAt":"2026-07-28","url":"https://www.realtor.com/research/data/"},{"key":"redfin","name":"Redfin Data Center — inventory, days on market, and price cuts","release":"metro tracker through 2026-05-01","pulledAt":"2026-07-26","url":"https://www.redfin.com/news/data-center/"},{"key":"redfin_zip","name":"Redfin Data Center — ZIP resale activity and supply","release":"ZIP rolling 3 months through 2026-06-30; updated 2026-07-03","pulledAt":"2026-08-12","url":"https://www.redfin.com/news/data-center/"},{"key":"zillow_county","name":"Zillow ZHVI and ZORI — county values and rents","release":"county ZHVI/ZORI 2026-06","pulledAt":"2026-07-26","url":"https://www.zillow.com/research/data/"},{"key":"zillow_zori","name":"Zillow ZORI — metro market rents","release":"Metro_zori_uc_sfrcondomfr_sm_sa_month.csv","pulledAt":"2026-07-26","url":"https://www.zillow.com/research/data/"},{"key":"zillow_zori_city","name":"Zillow ZORI — city market rents","release":"zillow_zori_city.csv","pulledAt":"2026-07-29","url":"https://www.zillow.com/research/data/"},{"key":"zillow_zori_zip","name":"Zillow ZORI — ZIP market rents","release":"ZORI ZIP 2026-06","pulledAt":"2026-08-08","url":"https://www.zillow.com/research/data/"}],"history":[{"period":"2020-09-01","rent":601.074114},{"period":"2020-10-01","rent":612.221267},{"period":"2020-11-01","rent":614.617355},{"period":"2020-12-01","rent":621.557675},{"period":"2021-01-01","rent":607.903477},{"period":"2021-02-01","rent":614.837191},{"period":"2021-03-01","rent":620.12706},{"period":"2021-04-01","rent":633.811004},{"period":"2021-06-01","rent":647.380366},{"period":"2021-07-01","rent":650.759959},{"period":"2021-08-01","rent":650.281971},{"period":"2021-09-01","rent":660.164176},{"period":"2021-10-01","rent":667.541928},{"period":"2021-11-01","rent":683.573073},{"period":"2021-12-01","rent":672.091907},{"period":"2022-01-01","rent":685.326303},{"period":"2022-02-01","rent":685.280266},{"period":"2022-03-01","rent":698.446611},{"period":"2022-04-01","rent":697.529155},{"period":"2022-05-01","rent":701.57483},{"period":"2022-06-01","rent":709.654148},{"period":"2022-07-01","rent":721.677718},{"period":"2022-08-01","rent":728.921502},{"period":"2022-09-01","rent":722.425247},{"period":"2022-10-01","rent":721.1198},{"period":"2022-11-01","rent":717.602275},{"period":"2022-12-01","rent":724.941938},{"period":"2023-01-01","rent":731.864856},{"period":"2023-02-01","rent":742.343864},{"period":"2023-03-01","rent":751.627888},{"period":"2023-04-01","rent":758.24815},{"period":"2023-05-01","rent":757.005329},{"period":"2023-06-01","rent":758.298859},{"period":"2023-07-01","rent":759.157624},{"period":"2023-08-01","rent":772.09359},{"period":"2023-09-01","rent":785.99174},{"period":"2023-10-01","rent":785.291585},{"period":"2023-11-01","rent":790.250883},{"period":"2023-12-01","rent":814.74095},{"period":"2024-01-01","rent":827.417567},{"period":"2024-02-01","rent":831.995849},{"period":"2024-03-01","rent":806.624741},{"period":"2024-04-01","rent":800.68569},{"period":"2024-05-01","rent":808.765463},{"period":"2024-06-01","rent":809.361677},{"period":"2024-07-01","rent":815.127333},{"period":"2024-08-01","rent":815.138508},{"period":"2024-09-01","rent":826.688965},{"period":"2024-10-01","rent":828.602491},{"period":"2024-11-01","rent":825.281407},{"period":"2024-12-01","rent":818.377653},{"period":"2025-01-01","rent":818.947003},{"period":"2025-02-01","rent":829.508974},{"period":"2025-03-01","rent":846.903272},{"period":"2025-04-01","rent":854.482143},{"period":"2025-05-01","rent":846.483261},{"period":"2025-06-01","rent":844.154642},{"period":"2025-07-01","rent":844.614224},{"period":"2025-08-01","rent":844.629629},{"period":"2025-09-01","rent":838.369975},{"period":"2025-10-01","rent":846.470633},{"period":"2025-11-01","rent":856.591419},{"period":"2025-12-01","rent":858.833835},{"period":"2026-01-01","rent":861.163412},{"period":"2026-02-01","rent":859.855232},{"period":"2026-03-01","rent":868.067034},{"period":"2026-04-01","rent":876.474918},{"period":"2026-05-01","rent":892.002383},{"period":"2026-06-01","rent":907.333333}],"historySummary":{"pointCount":69,"firstPeriod":"2020-09-01","latestPeriod":"2026-06-01","coverageMonths":70,"coverageRatio":0.9857142857142858,"changes":{"1":{"years":1,"startPeriod":"2025-06-01","endPeriod":"2026-06-01","startRent":844.154642,"endRent":907.333333,"change":0.07484255592116984,"cagr":0.07484255592116984},"3":{"years":3,"startPeriod":"2023-06-01","endPeriod":"2026-06-01","startRent":758.298859,"endRent":907.333333,"change":0.1965379114463366,"cagr":0.06163563534089156},"5":{"years":5,"startPeriod":"2021-06-01","endPeriod":"2026-06-01","startRent":647.380366,"endRent":907.333333,"change":0.40154595451540165,"cagr":0.0698464955950775}},"maxDrawdown":-0.037632590400099475,"annualizedVolatility":0.03772848941935965,"consecutiveReturnCount":67}}