Year-over-Year Comparison

Annual market performance analysis • Source: CBRE Q3 2025

Select Years to Compare
Choose two years to see the year-over-year changes
Rent Change
$59.24
+4.37%

2024: $1,355 → 2025: $1,414.24

Vacancy Change
-1.60%
+1.60%

2024: 5.40% → 2025: 3.80%

Inventory Change
+3,466
+1.99%

2024: 174,329 → 2025: 177,795

Absorption Change
-2,313
-2,313

2024: 6,629 → 2025: 4,316

Detailed Year-over-Year Comparison
Side-by-side comparison of 2024 vs 2025
Metric20242025Change% Change
Average Rent$1,355$1,414.24+$59+4.37%
Vacancy Rate5.40%3.80%-1.60pp—
Total Inventory174,329177,795+3,466+1.99%
Net Absorption6,6294,316-2,313—
Annual Average Rent
Year-over-year rent progression
20162018202020222024202620282030$0$450$900$1350$1800
Annual Vacancy Rate
Year-over-year vacancy progression
201620182020202220242026202820300%2%4%6%8%
Year-over-Year Rent Growth by Year
Annual percentage change in average rent
2016201720182019202020212022202320242025202620272028202920300%3%6%9%12%

Kansas City Multifamily Market Overview • Data Source: CBRE Q3 2025