Olathe, KS
August 2026
66061,66062
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,126 – $1,213 | 6.86% | 3.94% |
| 2-Bedroom | $1,407 – $1,524 | 9.94% | 11.09% |
| 3-Bedroom | $1,964 – $2,171 | 1.86% | 6.13% |
| 4-Bedroom | $2,429 – $2,568 | 0.63% | 4.67% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,378 – $1,420 | 0.15% | 2.65% |
| 2-Bedroom | $1,622 – $1,705 | -2.16% | 0.23% |
| 3-Bedroom | $2,031 – $2,232 | 2.78% | 5.51% |
| 4-Bedroom | $2,398 – $2,521 | -3.13% | 0.05% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,293 – $1,351 | -6.37% | -3.32% |
| 2-Bedroom | $1,591 – $1,697 | 1.31% | 3.21% |
| 3-Bedroom | $2,064 – $2,236 | -2.90% | -1.25% |
| 4-Bedroom | $2,542 – $2,821 | -4.15% | 3.74% |
In the Olathe (66062) rental market, 3BR apartments reached a median of $1,992, down 1.74% month over month but up 1.61% year over year, combining short-term softness with modest annual growth. In contrast, 1BR apartments at $1,243 declined 1.72% MoM and 6.22% YoY, indicating more pronounced weakness in smaller apartment units.
Across Olathe (66062), 4BR condos and townhomes command $2,395 but saw a 5.8% month-over-month decline and a 2.23% annual pullback, suggesting owners may be trimming asking rents to keep larger attached units occupied. Meanwhile, 1BR condos sit at $1,405 with a 0.79% MoM and 1.59% YoY increase, showing firmer pricing at the smaller end.
Recent Olathe (66062) rental trends show 4BR single-family homes at $2,685, down 6.95% month over month even as they post 3.41% year-over-year growth, reflecting a pricing reset after earlier gains. Smaller 2BR single-family homes sit at $1,509 with an 8.08% monthly decline and a 5.67% annual drop, underscoring pressure in entry-level detached product.