Matrix Multifamily Kansas City Report-March 2022 March 24, 2022

Kansas City’s Steady Pace

Although lacking the breakneck evolution of gateway or Sun Belt cities, Kansas City’s multifamily market continues to show improving fundamentals amid solid economic growth. Rents were up 7.2 percent year-over-year going into 2022, while occupancy rose 120 basis points over 12 months.