Rental market snapshot for Central Business District - Downtown, Kansas City

Central Business District - Downtown rental market summary

The rental market in Central Business District - Downtown, Missouri is showing signs of growth. In July 2023, there were 183 new listings, a 12.2% increase from June 2023. This is a sign that the rental market is becoming more active and that more people are looking for rental properties in the area.

The median rent in Central Business District - Downtown, Missouri has also seen an increase over the past year. In July 2023, the median rent was $1,533, an 11.5% increase from July 2022. This indicates that the rental market in the area is becoming more expensive, as demand for rental properties is increasing.

Median rent for all residential properties in Central Business District - Downtown

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The most expensive listings and top trending buildings in Central Business District - Downtown

Most Expensive Listings

AddressRent PriceBed / Bath
1477 Main St$5,4602 / 2.0
600 Admiral Blvd$4,5002 / 2.5
1477 Main St$3,9802 / 2.0
1477 Main St$3,7002 / 2.0
1477 Main St$3,6412 / 2.0

Top Trending Buildings

building nameavg rent price
KCL Management LLC$2,642
Block Multifamily Group$1,690
Maxus Properties*$1,515
Northpoint Development$1,445
Del Properties$1,250

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Bedroom Breakdown in Central Business District - Downtown

Studio
$1,324
MEDIAN RENT
1 Bedroom
$1,664
MEDIAN RENT
2 Bedroom
$3,105
MEDIAN RENT

Central Business District - Downtown neighborhood apartments rents

The rental market for studios in Central Business District - Downtown, Missouri is showing signs of stability. In July 2023, there were 8 new studio listings, with a median rent of $1,324, which is a 1.6% decrease from the median rent of $1,345 in June 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing, and that the market is likely to remain stable in the near future.

The rental market for 1-bedroom apartments in Central Business District - Downtown, Missouri is showing signs of growth. In July 2023, there were 28 new 1-bedroom listings, a 7.8% increase in median rent from June 2023 to July 2023, and a median rent of $1,664. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.

The rental market for 2-bedroom apartments in Central Business District - Downtown, Missouri is showing signs of improvement. In July 2023, there were 14 new 2-bedroom listings, which is a significant increase from the previous month. The median rent for 2-bedroom apartments also decreased by 8.9% from June 2023 to July 2023, dropping from $3,408 to $3,105. This indicates that the rental market is becoming more affordable for tenants, and that there is an increasing number of options available.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Central Business District - Downtown is $1,533.
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