Kansas City Multifamily Market Report – August 2025

Market Overview

‍The Kansas City multifamily market continued to show steady progress in Q3 2025, with asking rents rising 3.1 percent year over year to roughly $1,335 per unit. Stabilized occupancy held at 94.5 percent, and new supply moderated with about 861 units delivered through mid-year. The construction pipeline remained active at approximately 7,333 units, although investor activity stayed cautious. Sales volume totaled about $182 million and the average price per unit was near $135,590, signaling selective buying and a measured return of confidence.

‍About Yardi Matrix

‍Yardi Matrix is a national real estate research and analytics platform known for tracking multifamily rents, occupancy, construction activity and sales trends. Their Kansas City market report offers owners, developers and investors a clear view of local performance, supply dynamics and investment sentiment.To read the full report, click here.