Department of Numbers

Kansas City Missouri Residential Rent and Rental Statistics

The median monthly gross residential rent in Kansas City, MO (the Kansas City metro area) was $859 in 2015 according to the Census ACS survey.1 Average gross rent in Kansas City was $879 in 2015. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 Kansas City median and average rent data will be released in September of 2017.

Data is also available below for Kansas City rental vacancy rates, Kansas City rent as a percent of median income and the fraction of renters in Kansas City.

Show dollars as: Nominal Real

Real Gross Rent in Kansas City Missouri (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
Missouri Median Gross Rent $763 +1.73% +7.77%
Kansas City, MO Median Gross Rent $859 +1.54% +6.58%

Kansas City, MO Real Gross Rent Trends

At $859, real median gross rent in Kansas City was at its highest level in 2015 since the series began in 2005. At $879, real average gross rent in Kansas City was at its highest level in 2015 since the series began in 2005.

Real Gross Rent in Kansas City: Kansas City MO Median, Kansas City MO Average, Missouri Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Kansas City

Date US
Median
Missouri
Median
Kansas City, MO
Median
Kansas City, MO
Average
2015 $959 $763 $859 $879
2014 $930 $750 $846 $861
2013 $898 $729 $828 $841
2012 $886 $708 $806 $829
2011 $887 $721 $812 $842
2010 $901 $718 $807 $835
2009 $905 $718 $820 $842
2008 $920 $734 $834 $850
2007 $874 $684 $787 $791
2006 $883 $703 $813 $823
2005 $858 $699 $812 $811

Kansas City Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Kansas City Missouri was 5.74% according to Census ACS data.

Rental Vacancy Rate in Kansas City Missouri

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Missouri 6.43% -0.73% -0.31%
Kansas City, MO 5.74% -1.71% -1.64%

Trends in Kansas City, MO Rental Vacancy Rate

The rental vacancy rate in Kansas City peaked in 2005 at 12.40%. Since then it has fallen by 6.66% to 5.74%. Data records for this series originated in 2005.

Rental Vacancy Rate: Kansas City MO, Missouri, US

Rental vacancy rate in Missouri

Historical Rental Vacancy Rate data for Kansas City

Date US Missouri Kansas City, MO
2015 5.85% 6.43% 5.74%
2014 6.32% 7.16% 7.45%
2013 6.49% 6.86% 5.79%
2012 6.77% 6.74% 7.38%
2011 7.40% 8.22% 8.63%
2010 8.17% 8.25% 10.58%
2009 8.43% 8.24% 10.31%
2008 7.86% 8.57% 9.35%
2007 7.87% 8.36% 10.81%
2006 7.70% 8.49% 9.85%
2005 7.74% 9.28% 12.40%

Rent as a Fraction of Income

Using median household income data for Kansas City, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kansas City, median monthly gross rent as a fraction of median household income was 17.04% in 2015 according to the ACS.

Kansas City Missouri Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
Missouri 18.23% -0.48% -0.47%
Kansas City, MO 17.04% -0.86% -0.66%

Trends in Kansas City, MO Rent as a Fraction of Income

The fraction of median Kansas City household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 17.94%. Since then it has fallen by 0.90% to 17.04%.

Fraction of Income towards Rent: Kansas City MO, Missouri, US

Percent of median household income going towards median monthly gross rent in Kansas City Missouri

Historical Data for Annual Rent as a Fraction of Income in Kansas City Missouri

Date US Missouri Kansas City, MO
2015 20.63% 18.23% 17.04%
2014 20.89% 18.71% 17.90%
2013 20.78% 18.77% 17.79%
2012 20.65% 18.69% 17.70%
2011 20.70% 18.78% 17.94%
2010 20.50% 18.47% 17.05%
2009 20.12% 17.72% 16.79%
2008 19.00% 16.82% 15.88%
2007 18.66% 16.44% 15.95%
2006 18.90% 17.00% 16.09%
2005 18.89% 16.95% 16.38%

Renter Fraction in Kansas City Missouri

You can calculate the renter fraction in Kansas City in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Kansas City as a fraction of total Kansas City households. In 2015 34.74% of households were renters according to Census ACS data.

Kansas City Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
Missouri 33.87% +0.78% +1.34%
Kansas City, MO 34.74% -0.62% +0.58%

Trends in the Kansas City, MO Renter Fraction

The Kansas City household renter fraction peaked in in 2013 at 35.52% and is now 0.78% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Kansas City MO, Missouri, US

Fraction of renters in Kansas City

History of Kansas City Renter Fraction

Date US Missouri Kansas City, MO
2015 36.97% 33.87% 34.74%
2014 36.90% 33.09% 35.36%
2013 36.50% 33.03% 35.52%
2012 36.09% 32.53% 34.16%
2011 35.42% 31.95% 32.73%
2010 34.65% 31.02% 32.16%
2009 34.13% 30.92% 32.05%
2008 33.36% 29.90% 31.03%
2007 32.80% 29.34% 30.77%
2006 32.73% 29.34% 30.31%
2005 33.10% 29.36% 29.85%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.