Kansas City is the 32nd largest multifamily market with 166,494 completed units and 43,974 units in development, 7,491 of which have already broken ground, as of December 2021.
Kansas City Multifamily Market Summary – December 2021
New lease asking rents are at $1,102, up 7.0%▲
from the previous year placing Kansas City at
104th overall in year-over-year rent growth.