Home · Markets · Kansas City, MO
Kansas City balances rent growth and cash flow. Median home prices remain accessible for first-time investors. This page combines HUD Fair Market Rent anchors, ApartmentList-derived vacancy estimates, and CBRE-tier cap-rate benchmarks into one landlord-focused view.
Kansas City balances rent growth and cash flow. Median home prices remain accessible for first-time investors.
Vacancy is currently 6.9% with a year-over-year rent change of +2.2%. Rent direction is positive — underwriting can credit modest growth in year-2 rents but should not extrapolate aggressive trajectories given vacancy levels.
For deal-level analysis, the cap-rate calculator uses our Tier 2 benchmark (mid 7.0% for single-family). The cash-flow analyzer will give you a full P&L including debt service.
| Bedrooms | Median rent | Estimated range |
|---|---|---|
| Studio | $1,124 | $967 – $1,304 |
| 1 BR | $1,229 | $1,057 – $1,426 |
| 2 BR | $1,394 | $1,199 – $1,617 |
| 3 BR | $1,816 | $1,562 – $2,107 |
| 4 BR | $2,159 | $1,857 – $2,504 |
Anchored to HUD FMR for ZIP 64111, aged forward from 2025-10-01 with BLS CPI Shelter (+3.2% / yr, July 2026). Use the estimator below for a different ZIP within Kansas City.
This city's raw HUD FY2026 2BR FMR placed among the 15 prebuilt metros in markets.json. One vintage point — not a fabricated history.
Pre-filled for ZIP 64111. Change any field to re-estimate.
The HUD-anchored median 2-bedroom rent in Kansas City is approximately $1,394 with year-over-year growth of +2.2%. Individual rents vary widely by submarket and property condition — use the Rent Estimator above for a ZIP-specific number.
Kansas City sits in our Tier 2 group with an estimated cap rate band averaging 7.0% for single-family rentals and a vacancy rate of 6.9%. Kansas City balances rent growth and cash flow. Median home prices remain accessible for first-time investors.
Single-family rental cap rates in Kansas City typically land near 7.0%, with a metro-tier band drawn from CBRE survey ranges. Run the Cap Rate Calculator for a specific deal.
Year-over-year rent change is +2.2%. Forward 12-month projection blends recent metro trend with BLS shelter CPI. Use the LandlordIQ /get_rent_growth endpoint for the live projection.
No (Missouri state preemption). Notice to vacate: 30 days. Security deposit cap: 2x monthly rent. Missouri caps deposits at 2x monthly rent. Source-of-income protection enacted by KC ordinance 2019. Plain-English summary, not legal advice.
Data: HUD Fair Market Rents (FY2026, public, revised county file). Vacancy and rent growth are estimated blends of public datasets clearly labeled. Cap rate band is the Tier 2 benchmark from our benchmarks dataset. Regulation summary is editorial — not legal advice. See methodology.