Kansas City rents and rental comps

Name: Kansas City, MO rental market data
Creator: PropMetrics

The median asking rent across 14 Kansas City zip codes is $1,355/month, down 2.7% from a year ago.

Great rent-to-price ratios and a rental market split across two states. Missouri side, Kansas side, different landlord-tenant laws, different tax structures, same metro. Pick your side carefully.

Median Asking Rent

$1,355

Rent Change (YoY)

-2.7%

Avg Days on Market

Active Rental Listings

1,510

Median List Price

$272,500

Median Asking Rent Over Time

Average across 14 zip codes

12 months+4.6%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
64118	$1,695/mo	-5.8%	$1.42	80	64
64108	$1,525/mo	-10.3%	$1.86	39	105
64114	$1,500/mo	+0.3%	$1.40	52	64
64119	$1,500/mo	-6.0%	$1.29	20	66
64133	$1,450/mo	-3.3%	$1.30	26	94
64134	$1,450/mo	+1.8%	$1.32	18	107
64105	$1,395/mo	-6.9%	$2.03	55	86
64106	$1,395/mo	-10.0%	$1.75	26	76
64130	$1,349/mo	-0.1%	$1.20	25	118
64112	$1,300/mo	-3.7%	$1.84	38	116
64110	$1,295/mo	0.0%	$1.32	32	131
64131	$1,295/mo	-0.4%	$1.38	61	51
64111	$1,245/mo	+7.3%	$1.52	41	308
64109	$1,095/mo	0.0%	$1.44	33	124

Comps for any address in Kansas City

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Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$873/mo	$2.06/sqft
1 Bedroom	$1,018/mo	$1.60/sqft
2 Bedroom	$1,273/mo	$1.42/sqft
3 Bedroom	$1,650/mo	$1.36/sqft
4 Bedroom	$2,095/mo	$1.18/sqft

Aggregated median across all Kansas City zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
64113	$550,000	-12.0%	$262.37
64112	$430,000	-7.5%	$283.47
64108	$360,000	+20.0%	$276.71
64111	$300,000	+13.2%	$208.35
64114	$300,000	-4.8%	$216.67
64106	$289,900	+26.0%	$256.23
64110	$282,500	+4.6%	$190.00
64118	$272,500	-0.9%	$176.89
64131	$269,950	+1.9%	$166.07
64109	$250,000	+8.7%	$148.81
64119	$250,000	-5.6%	$163.57
64133	$225,000	+2.3%	$140.52
64105	$199,900	-8.3%	$247.80
64134	$183,000	-1.1%	$139.48
64130	$115,000	-11.5%	$105.82

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$1,500/mo	$873/mo	-42%
1 Bedroom	$1,640/mo	$1,018/mo	-38%
2 Bedroom	$1,860/mo	$1,273/mo	-32%
3 Bedroom	$2,420/mo	$1,650/mo	-32%
4 Bedroom	$2,880/mo	$2,095/mo	-27%

HUD publishes Fair Market Rents once a year for the Kansas City metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

About the Kansas City rental market

The median asking rent across Kansas City, MO sits at $1,355/month, pulled from active rental listings in 14 zip codes. That's down 2.7% from a year ago.

Rents aren't uniform across the city. ZIP 64118 tops the list at $1,695/month. ZIP 64109 comes in lowest at $1,095/month. About a 55% gap between the two ends of the city.

A 2-bedroom rents for $1,273/month at the median. 1-bedrooms run about $1,018. 3-bedrooms come in around $1,650.

Listings take longer here. The average is 39 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Rent-to-price math is tight in Kansas City. The gross figure sits at about 6.0% ($1,355/month against $272,500 median price). Most investors here are betting on appreciation, not monthly cash flow.

HUD's Fair Market Rent for a 2-bedroom in the Kansas City metro is $1,860/month. Asking rents come in about 27% below the federal benchmark, which can make Section 8 properties competitive here.

KC offers some of the best cash flow numbers in the country. Affordable purchase prices, solid rents relative to cost, stable demand. The structural quirk: Kansas City straddles Missouri and Kansas. Different tax structures, different landlord-tenant laws, different security deposit rules depending on which side of State Line Road you're on. Downtown, the Country Club Plaza, and Westport get the highest rents. East side and Independence are cheaper. The economy spans healthcare, agriculture, logistics, and a growing tech scene in the Crossroads. Straightforward market where the fundamentals work. Just know which state your property is in.

These numbers are city-wide averages. If you're pricing a specific property in Kansas City, pull comps from the same zip code. The spread is usually bigger than people expect.