$68,820
Monthly Discount to Ownership
$1,348
saved per month by renting in Kansas City Metro
Discount to Owning
50%
lower cost to rent
Annual Savings
$16,176
per year by renting
Source: RealPage Market Analytics, Zillow Home Value Index (Q3 '25)
Monthly Savings
$1,348
Discount
50%
Strong rental demand: With a 50% discount to ownership, renting remains highly attractive
Investment opportunity: High ownership costs support continued multifamily demand
| Submarket | Home Price | Avg Rent | Monthly Ownership | Monthly Savings | Discount % |
|---|---|---|---|---|---|
1North Overland Park | $425,000 | $1,404 | $3,333 | $1,929 | 58% |
2South Kansas City | $344,100 | $1,145 | $2,699 | $1,554 | 58% |
3South Overland Park | $485,000 | $1,634 | $3,804 | $2,170 | 57% |
4Wyandotte County | $344,100 | $1,176 | $2,699 | $1,522 | 56% |
5Independence/East | $344,100 | $1,275 | $2,699 | $1,423 | 53% |
6Shawnee/Lenexa/Mission | $395,000 | $1,488 | $3,098 | $1,610 | 52% |
7Clay County | $325,000 | $1,250 | $2,549 | $1,298 | 51% |
8Olathe/Gardner | $380,000 | $1,466 | $2,980 | $1,514 | 51% |
9Platte County | $355,000 | $1,353 | $2,784 | $1,431 | 51% |
10Lee's Summit/Blue Springs | $344,100 | $1,353 | $2,699 | $1,346 | 50% |
11Lee's Summit/Blue Springs/Raytown | $340,000 | $1,355 | $2,666 | $1,311 | 49% |
12Shawnee/Lenexa | $344,100 | $1,488 | $2,699 | $1,210 | 45% |
13South Kansas City/Grandview | $225,000 | $1,144 | $1,765 | $620 | 35% |
14Central Kansas City | $285,000 | $1,626 | $2,235 | $609 | 27% |
15Wyandotte County/Leavenworth | $185,000 | $1,176 | $1,451 | $275 | 19% |
16Independence/East Kansas City | $195,000 | $1,275 | $1,529 | $254 | 17% |
Sustained Rental Demand
The significant cost advantage of renting supports long-term occupancy rates and tenant retention
Rent Growth Potential
With rents 50% below ownership costs, there's room for continued rent increases
Investment Stability
High mortgage rates (6.25%) continue to favor renting, providing stability for multifamily investments