MARKET SNAPSHOT Kansas City q3 2025

Market Overview

‍Momentum remains healthy in the metro Kansas City multifamily market in Q3 2025, as average rent reached approximately $1,355 (+1.7% year-over-year) and occupancy held at 92.8%. Year-to-date absorption hit about 2,828 units while 3,792 units were completed. Although rent growth has softened, the market’s fundamentals remain among the strongest in major U.S. metros due to a favourable demand-supply balance.

‍About MMG

‍MMG Real Estate Advisors is a U.S.-based multifamily research and advisory firm covering metro-level rental-housing markets. Their Q3 2025 Kansas City market report combines rent trends, occupancy metrics, absorption, completions and pipeline insights to help owners, developers and investors assess timing, risk and strategic positioning.To read the full report, click here.