Metro Market Comparison

Side-by-side analysis of Kansas City against peer markets

Select Quarter:
KC QoQ: +0.1%
KC YoY: +0.3%
Market Metrics Comparison
Key performance indicators across metros (Q3 2025) - Click column headers to sort
Metro
Population
Inventory
Vacancy
Avg Rent
Rent Growth
Avg Income
Rent/Income
Cincinnati2,256,000175,2013.50%$1,506+2.80%$74,50024.3%
Omaha967,00083,6793.30%$1,326+2.80%$76,10020.9%
Minneapolis3,690,000352,0334.20%$1,663+2.60%$91,80021.7%
Kansas CityPrimary2,310,000177,7953.80%$1,414+2.20%$80,00021.2%
St. Louis2,820,000163,2443.80%$1,405+1.50%$73,60022.9%
Columbus2,138,000194,9214.00%$1,417+1.40%$76,20022.3%
Indianapolis2,111,000172,3894.50%$1,333+0.50%$72,40022.1%
Atlanta6,144,000518,5085.70%$1,604-1.60%$81,20023.7%
Charlotte2,797,000218,1665.40%$1,558-2.20%$77,40024.2%
Nashville2,012,000196,9475.40%$1,613-2.50%$79,80024.3%
Dallas7,637,000660,6286.10%$1,541-3.10%$82,10022.5%
Phoenix4,946,000427,7985.80%$1,507-5.20%$78,90022.9%
Austin2,352,000317,1736.50%$1,440-7.10%$89,60019.3%
Denver2,963,000389,0736.00%$1,814-7.20%$95,20022.9%
Year-over-Year Rent Growth
Year-over-year percentage change (Q3 2025)
Kansas CityIndianapolisDenverAustinDallasPhoenixMinneapolisColumbusCincinnatiNashvilleCharlotteAtlantaSt. LouisOmaha-9%-6%-3%0%3%
Vacancy Rates
Current vacancy percentage by metro
Kansas CityIndianapolisDenverAustinDallasPhoenixMinneapolisColumbusCincinnatiNashvilleCharlotteAtlantaSt. LouisOmaha0%2%4%6%8%
Average Rent Comparison
Monthly rent across metros
Kansas CityIndianapolisDenverAustinDallasPhoenixMinneapolisColumbusCincinnatiNashvilleCharlotteAtlantaSt. LouisOmaha$0$500$1,000$1,500$2,000
Key Insights
  • Kansas City maintains one of the lowest vacancy rates at 3.8%, tied with St. Louis and below peer average of 4.9%
  • Rent growth of +2.2% YoY outperforms most peers; Denver (-7.2%) and Austin (-7.1%) seeing significant declines
  • Average rent of $1,379 makes Kansas City one of the most affordable metros, only Omaha ($1,326) and Indianapolis ($1,333) are lower
  • Six Midwest metros showing positive rent growth: Cincinnati (+2.8%), Omaha (+2.8%), Minneapolis (+2.6%), Kansas City (+2.2%), St. Louis (+1.5%), Columbus (+1.4%)
  • Historical trend: KC has maintained consistent positive rent growth (1.8% - 2.2%) over the past 7 quarters while Sun Belt markets have declined