Kansas City 3Q 2024 Market Report
Research Multifamily Market Reports Kansas City 3Q 2024 MARKET SNAPSHOT Kansas City 3Q 2024 AVERAGE RENT $1,316 3Q 2024 OCCUPANCY RATE 93.5% 3Q 2024 QUARTERLY NET DEMAND 1,635 [YTD: 4,580] YoY RENT CHANGE 3.3% 3Q 2024 YoY OCCUPANCY CHANGE +10 BASIS POINTS QUARTERLY COMPLETIONS 1,210 [YTD: 2,974] KEY TAKEAWAYS Net absorption in the Kansas City […]
Kansas City 3Q 2024
An interactive look into the Multifamily Construction Pipeline in Q3 for Kansas City, Missouri
Kansas City 2Q 2024 Report
Kansas City 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,290 2Q 2024 2Q 2024 RENT CHANGE 3.3% OCCUPANCY RATE 93.2% 2Q 2024 ANNUAL OCCUPANCY CHANGE -50 BASIS POINTS QUARTERLY DEMAND 1,675 [YTD: 2,551] QUARTERLY COMPLETIONS 502 [YTD: 1,638] KEY TAKEAWAYS In the second quarter of 2024, Kansas City witnessed a surge in renter demand, as […]
Kansas City 2Q24
An interactive look into the Multifamily Construction Pipeline in Q2 for Kansas City
Kansas City Q1 2024 Report
Kansas City 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,259 1Q 2024 1Q 2024 RENT CHANGE 2.5% OCCUPANCY RATE 92.8% 1Q 2024 ANNUAL OCCUPANCY CHANGE -90 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 4.3% NET OPERATING INCOME ANNUAL CHANGE 3.1% * Please note that these employment figures have been adjusted for seasonal variations and […]
Kansas City 2024 Forecast
Kansas City 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,233 4Q 2023 $1,282 4Q 2024 2024 RENT CHANGE 4.0% OCCUPANCY RATE 93.3% 4Q 2023 93.0% 4Q 2024 2024 OCCUPANCY CHANGE -30 BASIS POINTS EMPLOYMENT* 1.13M 2023 1.14M 2024 UNEMPLOYMENT RATE** 2.9% 2023 3.4% 2024 * Please note that these employment figures have been adjusted for seasonal variations and are […]
Kansas City Q3 2023
Kansas City 3Q23Multifamily Market Report $1,302 average rent 94.9% average occupancy rate $386.7M ytd sales volume 3.3% YoY rent change 4,744 UNITS DELIVERING OVER THE NEXT 4Q 18 YTD individual transactions Supply & Demand 3Q23 899 Units QUARTERLY DEMANDYTD: 2,467 917 Units QUARTERLY COMPLETIONSYTD: 3,556 Annual Demand vs Completions 2018 3,136 3,455 2019 3,644 2,343 […]
Kansas City Q2 2023
Kansas City 2Q23Multifamily Market Report $1,276 average rent 94.9% average occupancy rate $287M ytd sales volume 5.0% YoY rent change -1.9 POINTS yoy occupancy change 10 YTD individual transactions Supply & Demand 2Q23 1,230 Units QUARTERLY DEMANDYTD: 1,619 1,240 Units QUARTERLY COMPLETIONSYTD: 2,696 Annual Demand vs Completions 2018 3,129 3,455 2019 3,645 2,343 2020 4,175 […]
Kansas City Q1 2023
This comprehensive analysis provides valuable insights into the multifamily sector’s performance and emerging trends in the Kansas City Market for Q1 2023.
