Matrix Multifamily Kansas City Report-Fall 2021 December 31, 2021

Kansas City’s Midwestern Recovery

Following a strong summer, Kansas City’s multifamily market is poised to end the year on a solid note, with rent growth at 0.6% on a trailing three-month basis. Following a year-over-year improvement rate of 7.0%, the metro’s overall average rent reached $1,099 as of October.