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Rent Inflation in Topeka, KS

The average asking rent in Topeka, KS is $1,283/month as of 2026-08. That is +4.7% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,283/mo

as of 2026-08

Year-over-Year Change

+4.7%

24-Month Rent Trend

Monthly ZORI index values for Topeka, KS.

MonthAvg Asking RentChange from Prior Month
2026-08$1,283-0.08%
2026-07$1,284+0.08%
2026-06$1,283+1.02%
2026-05$1,270+0.71%
2026-04$1,261+0.48%
2026-03$1,255+0.08%
2026-02$1,254+0.24%
2026-01$1,251+0.08%
2025-12$1,250+0.89%
2025-11$1,239+0.49%
2025-10$1,233+0.65%
2025-09$1,225+0.00%
2025-08$1,225+0.16%
2025-07$1,223+0.49%
2025-06$1,217+0.25%
2025-05$1,214+0.41%
2025-04$1,209+0.58%
2025-03$1,202+1.09%
2025-02$1,189+1.36%
2025-01$1,173+0.00%
2024-12$1,173+0.26%
2024-11$1,170-0.59%
2024-10$1,177+0.51%
2024-09$1,171—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices