Author: Marcus Painter, Founder and Owner | Alpine Property Management Kansas City LLC
Experience: 12+ years managing rental properties in Kansas City | 250+ properties currently managed
Published: January 07, 2026 | Kansas City Metro
Quick Answer
Kansas City’s current average rental rates range from $1,300-$1,400 per month across the metro, with significant variation by neighborhood from around $1,200 in areas like Marlborough Heights to over $2,100 in Volker. Vacancy rates sit at approximately 6-7% metro wide (93-94% occupancy), with suburban areas showing tighter vacancy around 4.5% compared to central Kansas City at 7.1%. The market shows continued rent growth around 3.3% annually with positive net absorption, meaning demand is absorbing new construction. Alpine Property Management maintains a 96% occupancy rate across our 250+ managed properties, outperforming market averages through strategic pricing and fast leasing.
Introduction: Why These Numbers Matter for Landlords
If you own or are considering buying rental property in Kansas City, understanding current rental rates and vacancy rates is essential for making smart decisions. These two metrics drive everything from pricing strategy to long term cash flow and portfolio growth.
As we move through late 2024 into 2025, the Kansas City rental market remains competitive, with strong demand, tightening vacancy, and steady rent growth across most property types. Below is a clear, numbers driven snapshot of where the market stands and what it means for landlords.
How Is the Kansas City Rental Market Performing Overall?
Kansas City continues to attract renters due to its affordability relative to coastal markets, diverse job growth, and varied housing stock. Compared to many national markets, it offers a favorable balance between rent levels and acquisition costs.
According to MMG Real Estate Advisors’ Q3 2024 Market Report, the Kansas City multifamily market showed positive net absorption meaning more units were leased than delivered to the market. This signals sustained demand even as new properties come online.
Recent data from Cushman & Wakefield’s Kansas City MarketBeat confirms that occupancy is holding strong even with new construction underway. This is one of the reasons Kansas City property management remains in high demand among local and out of state investors.
What Are Current Average Rental Rates in Kansas City?
Rental rates vary significantly by neighborhood, unit type, and property condition, but metro wide averages provide a reliable benchmark for investors.
Citywide Rental Averages
Based on late 2024 and early 2025 data from RentCafe and Rent.com:
| Metric | Amount |
|---|---|
| Overall Average Rent | $1,300-$1,400/month |
| Q3 2024 Reported Average | $1,316/month |
| Late 2025 Data Sets | $1,302/month |
These averages reflect a mix of apartments, single family homes, and small multifamily properties across the metro area.
How Do Rents Vary by Neighborhood?
Location matters more than ever in today’s market. The spread between neighborhoods can be substantial:
| Neighborhood/Type | Average Rent |
|---|---|
| Volker (higher end) | $2,100+/month |
| Marlborough Heights (affordable) | ~$1,200/month |
| Studio Units (metro average) | ~$970/month |
What This Means for Landlords:
If you’re pricing a property, citywide averages are just a starting point. Your specific neighborhood, property condition, and amenities determine where you should actually price. Professional pricing analysis is one reason many owners rely on the best property managers in Kansas City to avoid underpricing (leaving money on the table) or overpricing (extended vacancy).
What Are Current Vacancy and Occupancy Rates?
Vacancy rate is the percentage of units sitting empty, while occupancy rate reflects units that are leased. In Kansas City, occupancy remains strong a positive sign for landlords.
Current Metro Wide Vacancy and Occupancy
According to Institutional Property Advisors’ 2025 Multifamily Market Report:
| Metric | Rate |
|---|---|
| Overall Occupancy | ~93.5% |
| Overall Vacancy | ~6.5% |
This indicates a healthy, landlord friendly market where demand continues to absorb available units. For context, a “balanced” market typically shows 5-8% vacancy Kansas City sits right in that sweet spot.
How Does Vacancy Differ Between Urban and Suburban Areas?
Vacancy is not uniform across the metro. Data from DoorLoop’s rental vacancy statistics and regional reports show:
| Area | Vacancy Rate |
|---|---|
| Central Kansas City | ~7.1% |
| Suburban Markets | ~4.5% |
What This Means:
Suburban single family rentals tend to lease faster and experience lower turnover, while some urban submarkets see slightly higher vacancy. This doesn’t mean urban is “bad” it means pricing and marketing strategy need to account for local conditions.
Alpine’s Performance:
For comparison, Alpine Property Management maintains a 96% occupancy rate across our 250+ managed properties significantly outperforming both urban and suburban market averages through strategic pricing, professional marketing, and fast leasing processes.
What Market Trends Should Kansas City Landlords Watch?
Several trends are shaping rental performance going into 2025, according to HUD’s Kansas City Comprehensive Housing Market Analysis and industry reports.
Strong Renter Demand Continues
Kansas City saw positive net absorption in late 2024, meaning more units were leased than delivered to the market. This signals sustained demand even as developers add new inventory a healthy sign that prevents oversupply.
Rent Growth Is Moderating But Still Positive
Rent growth has slowed from the rapid pace of 2021-2022 but remains positive:
- Annual rent growth: Approximately 3.3% in Q3 2024
- Trend: Gradual, sustainable increases rather than dramatic spikes
This pace supports modest annual rent increases (3-5%) without shocking tenants or significantly increasing turnover risk.
New Construction Is Being Absorbed
While significant apartment projects are underway across the metro, demand has largely kept pace with new supply. This prevents the oversupply conditions that hurt landlords in some other markets and supports stable vacancy levels.
What Do These Numbers Mean for Kansas City Landlords?
For property owners, these metrics suggest opportunity but success still requires execution.
What Strong Occupancy Means for You:
- Faster leasing times: Quality properties in good locations lease quickly
- More predictable income: Less vacancy means more consistent cash flow
- Leverage at renewal: Strong demand gives you room for reasonable rent increases
- Quality tenant pool: More applicants means better screening options
The Execution Still Matters:
Even in a strong market, individual property performance varies widely. The difference between a property that sits vacant for 45 days and one that leases in 14 days often comes down to:
- Accurate market based pricing
- Professional photography and marketing
- Responsive showing coordination
- Efficient application processing
- Quality property condition
This is where understanding how to increase rental income in Kansas City becomes practical it’s not just about the market, it’s about how you operate within it.
How Does Property Management Impact These Metrics?
Accurate pricing, fast leasing, and tenant quality all affect your personal vacancy and rent performance. This is where professional management makes a measurable difference.
What Experienced Managers Provide:
- Market based rent analysis: Pricing based on real time comparable data, not guesswork
- Professional marketing: Quality photos, compelling descriptions, broad syndication
- Efficient showings: Fast response to inquiries, convenient scheduling
- Consistent tenant screening: Thorough verification that reduces future problems
- Proactive maintenance: Properties that show well and retain tenants
Alpine’s Results vs. Market Averages:
| Metric | Market Average | Alpine Performance |
|---|---|---|
| Occupancy Rate | 93-94% | 96% |
| Average Vacancy Period | 30-45 days | 14 days |
| Rent Collection Rate | ~95% | 98% |
Owners who understand how to handle property maintenance effectively and price strategically often significantly outperform market averages.
What Should Landlords Expect in 2025 and Beyond?
Kansas City is expected to remain a balanced market with modest rent growth and stable vacancy. Based on current trends and Zillow’s Kansas City rental market data:
2025 Outlook:
- Continued positive net absorption as population grows
- Rent growth in the 3-5% range annually
- Vacancy remaining in the 6-7% range metro-wide
- Suburban markets likely to remain tighter than urban core
- New construction absorbed without significant oversupply
What This Means for Investors:
Investors focused on fundamentals proper pricing, quality management, proactive maintenance are positioned to do well. The market rewards execution rather than speculation.
Understanding neighborhood level data and staying proactive will be key as competition increases among both landlords and property managers.
Conclusion: A Healthy Market for Well Managed Rentals
Current rental rates between $1,300 and $1,400 metro wide, combined with vacancy around 6-7%, point to a healthy and competitive Kansas City rental market. While numbers vary significantly by location and property type, the overall outlook remains strong for well managed rentals.
Key Takeaways:
- Average rents: $1,300-$1,400 (varies $1,200-$2,100+ by neighborhood)
- Metro vacancy: 6-7% (suburban tighter at 4.5%, urban at 7.1%)
- Rent growth: ~3.3% annually, expected to continue
- Demand: Positive net absorption, healthy market fundamentals
- Alpine performance: 96% occupancy, 14 day average vacancy, 98% collection
For landlords willing to price strategically, maintain properties well, and either self manage effectively or partner with professional management, Kansas City continues to offer strong opportunities.
Frequently Asked Questions
What is the average rent in Kansas City right now? Metro wide average rent is approximately $1,300-$1,400 per month as of late 2024/early 2025. However, this varies significantly by neighborhood from around $1,200 in more affordable areas to over $2,100 in premium neighborhoods like Volker.
What is the current vacancy rate in Kansas City? Overall vacancy is approximately 6-7% metro-wide, translating to about 93-94% occupancy. Suburban areas show tighter vacancy around 4.5%, while central Kansas City runs closer to 7.1%.
Is the Kansas City rental market landlord friendly? Yes. With vacancy in the 6-7% range, positive net absorption, and continued rent growth around 3.3% annually, conditions favor landlords. Strong demand means quality properties lease quickly and support reasonable rent increases.
Are rents going up or down in Kansas City? Rents are continuing to increase, though at a more moderate pace than 2021-2022. Annual rent growth is approximately 3.3%, supporting gradual increases without significant tenant pushback.
How does Kansas City compare to other Midwest markets? Kansas City offers competitive rent to price ratios compared to many Midwest markets, with strong job growth and population trends. Vacancy rates are healthy, and the market has absorbed new construction without oversupply issues.
Where can I find hyper local rental data for my neighborhood? For current listings and neighborhood specific data, check RentCafe, Zillow Rental Manager, or Rent.com. A local property manager can also provide analysis specific to your property.
What occupancy rate should I expect for my rental? Market average is 93-94%, but well managed properties often exceed this. Alpine Property Management maintains 96% occupancy across 250+ properties through strategic pricing and efficient leasing processes.
Data Sources
- MMG Real Estate Advisors: Kansas City Q3 2024 Market Report
- Cushman & Wakefield: Kansas City MarketBeats
- Institutional Property Advisors: Kansas City Multifamily Market Report
- RentCafe: Kansas City Average Rent & Market Trends
- Rent.com: Kansas City Rent Trends
- HUD: Kansas City Comprehensive Housing Market Analysis
- Zillow Rental Manager: Kansas City Market Trends
Related Resources
- What Are Typical Property Management Fees in Kansas City?
- What Cash Flow Can Investors Expect from Kansas City Rental Properties in 2026?
- Should I Raise Rent in 2026? How Kansas City Landlords Can Decide
- Full Property Management Services
📞 Want hyper local rental data for your Kansas City property?
Call or text Alpine Property Management Kansas City at 816-343-4520
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