Matrix Multifamily Kansas City Report-December 2024

Kansas City’s Solid Rent Growth

Advertised asking rents in Kansas City were up 0.2 percent on a T3 basis through October, to $1,301, while the U.S. rate dipped 0.1 percent. Construction starts in the metro slowed during the first 10 months of the year, down 55 percent compared to the same interval in 2023.

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