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Kansas City apartment rents dip in August after steady summer gains

Asking rents eased month over month but rose compared to a year ago
The Wade, a 245-unit, four-star apartment building in River Market, opened this year with asking rents of $2.89 per square foot. (CoStar)
The Wade, a 245-unit, four-star apartment building in River Market, opened this year with asking rents of $2.89 per square foot. (CoStar)
CoStar Analytics
September 2, 2026 | 7:20 P.M.

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Kansas City apartment asking rents slipped in August, marking a pause in the market's steady climb, which stretched back to the end of 2025. Average asking rents reached $1.54 per square foot in August, down 0.2% from July but up 2.1% from a year earlier.

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