Kansas City Q1 2025 Market Report

Kansas City, Missouri, USA downtown skyline with Union Station

Research Multifamily Market Reports Kansas City Q1 2025 MARKET SNAPSHOT Kansas City q1 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $1,347 Q1 2025 OCCUPANCY RATE 93.1% Q1 2025 QUARTERLY NET ABSORPTION 1,074 Q1 2025 ANNUAL RENT CHANGE 3.5% Q1 2025 ANNUAL OCCUPANCY CHANGE +30 BPS Q1 2025 QUARTERLY COMPLETIONS 2,040 Q1 2025 KEY TAKEAWAYS Kansas […]

2025 Wichita Forecast

Research Multifamily Market Reports 2025 Wichita Forecast MARKET SNAPSHOT 2025 Wichita Forecast 2024 FORECASTED ANNUAL CHANGE 2025 $885 Q4 AVG. EFFECTIVE RENT 2.5% FORECASTED ANNUAL CHANGE $907 Q4 Avg. Effective Rent 93.3% Q4 AVG. OCCUPANCY -30 BPS FORECASTED ANNUAL CHANGE 93.0% Q4 Avg. Occupancy 644 2024 COMPLETIONS 606 10 Yr. Avg. Annual Completions 815 2025 […]

Wichita 3Q 2024 Market Report

Research Multifamily Market Reports Wichita 3Q 2024 MARKET SNAPSHOT Wichita 3Q 2024 AVERAGE RENT $886 3Q 2024 OCCUPANCY RATE 93.4% 3Q 2024 QUARTERLY NET DEMAND 198 [YTD: 702] YoY RENT CHANGE 2.2% 3Q 2024 YoY OCCUPANCY CHANGE +30 BASIS POINTS QUARTERLY COMPLETIONS 108 [YTD: 484] KEY TAKEAWAYS Through the first three quarters of 2024, Wichita-area […]

Wichita 3Q 2024

Tulsa, Oklahoma, USA Skyline

An interactive look into the Multifamily Construction Pipeline in Q3 for Wichita, Kansas

Wichita 2Q 2024 Report

Wichita, Kansas, USA Downtown Skyline

Wichita 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $875 2Q 2024 2Q 2024 RENT CHANGE 2.4% OCCUPANCY RATE 92.9% 2Q 2024 ANNUAL OCCUPANCY CHANGE 0 BASIS POINTS QUARTERLY DEMAND 356 [YTD: 563] QUARTERLY COMPLETIONS 216 [YTD: 592] KEY TAKEAWAYS Wichita’s construction pipeline is decelerating following a significant expansion in 2023, with roughly 518 units […]

Wichita 2Q24

An interactive look into the Multifamily Construction Pipeline in Q2 for Wichita, Kansas.

Wichita Q1 2024 Report

Wichita, Kansas, USA downtown skyline at dusk

Wichita 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $862 1Q 2024 1Q 2024 RENT CHANGE 2.5% OCCUPANCY RATE 92.1% 1Q 2024 ANNUAL OCCUPANCY CHANGE -70 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 4.4% (FEB 2024) NET OPERATING INCOME ANNUAL CHANGE 7.5% (FEB 2024) * Please note that these employment figures have been adjusted for […]

Wichita 2024 Forecast

Wichita, Kansas, USA Downtown Skyline

Wichita 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $846 4Q 2023 $880 4Q 2024 2024 RENT CHANGE 4.0% OCCUPANCY RATE 92.6% 4Q 2023 92.2% 4Q 2024 2024 OCCUPANCY CHANGE -40 points EMPLOYMENT* 307.9K 2023 309.3K 2024 UNEMPLOYMENT RATE** 3.2% 2023 3.8% 2024 * Please note that these employment figures have been adjusted for seasonal variations […]

Wichita Q3 2023

Wichita 3Q23Multifamily Market Report $862 average rent 94.0% average occupancy rate $85.0M annual sales volume 3.1% YoY rent change -1.3 POINTS yoy occupancy change 6 annual individual transactions Supply & Demand 3Q23 0 Units QUARTERLY DEMANDYTD: 141 159 Units QUARTERLY COMPLETIONSYTD: 473 Annual Demand vs Completions 2018 986 867 2019 859 297 2020 101 132 […]

Wichita Q2 2023

Wichita 2Q23Multifamily Market Report $850 average rent 94.6% average occupancy rate $115.2M annual sales volume 4.7% YoY rent change -1.4 POINTS yoy occupancy change 9 annual individual transactions Supply & Demand 2Q23 300 Units QUARTERLY DEMANDYTD: 78 171 Units QUARTERLY COMPLETIONSYTD: 189 Annual Demand vs Completions 2018 867 867 2019 297 297 2020 132 132 […]

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