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CoStar Insight

Kansas City apartment rents keep rising, but at a slower pace

Elevated vacancy tempers gains across the market and weigh on new projects
Ikon at Promontory, a 150-unit four-star apartment building, opened in Overland Park earlier this year. (CoStar)
Ikon at Promontory, a 150-unit four-star apartment building, opened in Overland Park earlier this year. (CoStar)
CoStar Analytics
May 28, 2026 | 7:50 P.M.

Kansas City apartment rents continued to rise over the past year, but the pace of growth has cooled sharply as vacancy remains elevated across the market.

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