Derby, KS

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Derby short-term rental market based on reliable data.

Listings

30 / 49

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$24,679

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$287,884

Median Home Sale Price

Top Earners

$39,312

Top-Earners Revenue

Derby

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Derby.

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B

Generally Investor friendly

Derby Regulations

STRs are explicitly allowed citywide with a clear, defined process that is not unduly restrictive—no hard caps are mentioned and enforcement is structured rather than punitive. Moderate hurdles include a two-step permit/registration, $250,000 liability insurance, neighbor notification with protest triggers, inspections, and annual renewals—enough to deter casual operators but manageable for prepared investors.

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About Derby

Derby is a suburban city in Sedgwick County, Kansas, situated just south-southeast of Wichita along the Arkansas River. With a population of roughly 25,000 residents, it ranks among the larger suburbs in the Wichita metropolitan area and carries a quiet, family-friendly character rooted in its origins as a small railroad town. The community is best known today as a comfortable residential base for those who work in Wichita, and it serves as a convenient southern gateway to the broader south-central Kansas region. Derby sits approximately 12 miles from downtown Wichita, a drive of about 15 to 20 minutes depending on traffic, and is within easy reach of Wichita Dwight D. Eisenhower National Airport.

Just a short drive to the southeast, near neighboring Mulvane, the Kansas Star Casino offers gaming, hotel accommodations, and live entertainment, making it a regional draw for visitors looking for an evening out. The casino complex is roughly 10 minutes from Derby and brings a steady flow of guests to the area, particularly from across the Wichita metro and northern Oklahoma. Its combination of dining options, event space, and on-site lodging gives Derby-based travelers a nearby destination without the need to drive into the city.

To the northwest, the Sedgwick County Zoo is one of the largest zoos in the central United States and a popular destination for families. Located in northwest Wichita, it is approximately 25 to 30 minutes from Derby, depending on route and traffic, and features a wide array of animals in naturalistic habitats. The zoo's size and reputation draw visitors from across Kansas and neighboring states, making it a strong anchor attraction for short-term rental guests staying in the Derby area.

A bit farther afield but well within a day's reach, the Keeper of the Plains statue stands at the confluence of the Big and Little Arkansas Rivers in downtown Wichita. This iconic 44-foot sculpture, designed by Blackbear Bosin, is one of the most recognizable landmarks in the state and is illuminated by fire pots each evening. From Derby, the drive to the Keeper and the surrounding riverside museums and parks takes roughly 20 minutes, offering visitors a cultural counterpoint to the area's outdoor and suburban appeal.

Derby's appeal as a short-term rental market lies in its balance of small-town comfort and proximity to Wichita's larger attractions. Guests enjoy the peace of a residential community while remaining a short drive from the zoo, downtown entertainment districts, regional casinos, and the airport. For travelers seeking value, easy access, and a more relaxed setting than a downtown hotel, Derby offers a quietly strategic base in south-central Kansas.

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