Market Snapshot Kansas City Q1 2025

Market Overview

MMG’s Q1 2025 report shows Kansas City holding firm, with modest rent gains and a slight uptick in concessions for newly built Class A properties. Workforce housing continues to drive demand, with renters priced out of new supply gravitating toward value-add assets in the inner suburbs. Submarkets like Belton/Raymore and Shawnee posted double-digit year-over-year rent growth, pointing to shifting renter preferences. The metro’s diverse job base, strong school districts, and low cost of living support continued multifamily demand, even in the face of high interest rates.

About MMG

MMG Real Estate Advisors blends brokerage expertise with localized market analytics, producing reports tailored for investors evaluating real-time risk and return. Their Kansas City coverage includes granular rent and absorption data, construction tracking, and capital market observations. MMG’s strength lies in turning complex submarket dynamics into practical decision points—particularly for sponsors operating or acquiring in the value-add and workforce segments.