2025 Q2 Kansas City Multifamily Market Report

Market Overview

Kansas City’s multifamily market accelerated in mid-2025, supported by strong migration with approximately 25,000 new residents in the past year, a 30 percent increase over 2023 numbers. Absorption surged to 5,000 units—nearly double year-over-year—while rents climbed 3.8 percent annually, with three-star properties leading at 4.0 percent. Sales volume rebounded as well, with investors trading around $469 million in multifamily assets.

About Colliers

Colliers is a global real estate services firm headquartered in Toronto, operating across 60+ countries. The firm delivers integrated services including brokerage, capital markets, valuation, advisory, and market research. Colliers’ Kansas City multifamily reports aim to enlighten investors, owners, and developers by aligning local data and trends with national market context.