Rental market snapshot for South Plaza, Kansas City

South Plaza rental market summary

The rental market in South Plaza, Missouri is showing signs of growth. In July 2023, there were 32 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,769, an 8.5% increase from June 2023 and a 2.2% increase from July 2022. This indicates that the rental market in South Plaza is becoming increasingly competitive, with more people looking to rent in the area.

The increasing demand for rental properties in South Plaza is likely due to the area's growing population and job opportunities. With more people looking for housing, the rental market is becoming more competitive, driving up prices. This is good news for landlords, as they can expect to see higher returns on their investments. However, it could be difficult for renters to find affordable housing in the area.

Median rent for all residential properties in South Plaza

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The most expensive listings and top trending buildings in South Plaza

Most Expensive Listings

AddressRent PriceBed / Bath
229 Ward Pkwy$2,9952 / 2.0
5100 Oak St$2,9042 / 2.0
5100 Oak St$2,8432 / 2.0
5100 Oak St$2,5032 / 2.0
229 Ward Pkwy$2,5002 / 2.0

Top Trending Buildings

building nameavg rent price
Greystar*$2,131

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Bedroom Breakdown in South Plaza

Studio
$985
MEDIAN RENT
1 Bedroom
$2,138
MEDIAN RENT
2 Bedroom
$2,843
MEDIAN RENT

South Plaza neighborhood apartments rents

The rental market for studios in South Plaza, Missouri is showing signs of growth in July 2023. With four new studio listings, the median rent for studios has decreased by 34.8% from $1,510 in June 2023 to $985 in July 2023. This indicates that the rental market is becoming more competitive, with more options available for renters. This could be a great opportunity for those looking for a studio apartment in South Plaza, Missouri.

The rental market for 1-bedroom apartments in South Plaza, Missouri is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, a 25.5% increase in median rent from June 2023 to July 2023, and a median rent of $2,138. This indicates that the rental market for 1-bedroom apartments in South Plaza is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.

The rental market for 2-bedroom apartments in South Plaza, Missouri is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, a 17.6% increase in median rent from June 2023 to July 2023, and a median rent of $2,843. This indicates that the rental market for 2-bedroom apartments in South Plaza is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.

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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 South Plaza is $1,769.
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