Market Analysis
Kansas City, Missouri
Rental investment market data and analysis · Updated July 2026
Median Home Price
$270,000
Average Monthly Rent
$1,350
Estimated Cap Rate
6.0%
Rent-to-Price Ratio
0.5%
Below 1% Rule
Market Trends
Kansas City metro area — % change since 2018
Home Prices
+83.3%
Rent Index
+36.2%
Average Rent by Bedroom
| Bedrooms | Avg Rent |
|---|---|
| Condo | $1,182/mo |
| Apartment | $1,200/mo |
| Multi-Family | $1,323/mo |
| Single Family | $1,434/mo |
| Townhouse | $2,247/mo |
Sample Investment Analysis
Based on median price + average rent, 20% down, 6.8% rate, 30yr
Purchase Price$270,000
Down Payment (20%)$54,000
Monthly P&I$1,408
Monthly Rent$1,350
Est. NOI$9,720/yr
Est. Cash Flow-$598/mo
Cash on Cash-12.1%
The Kansas City market is cash-flow negative at median prices. Look for properties 15-20% below median or with value-add potential.
What Investors Should Know About Kansas City
- 1Moderate cap rates suggest balanced cash flow and appreciation
- 21% Rule fails at median prices — need rent of $2,700/mo to pass
- 3Below-average rents keep entry costs low for new investors
Ready to analyze a property in Kansas City?
Get instant cap rate, cash flow, and DSCR analysis on any address. Access data on 140M+ properties.