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Renter demand lowers Kansas City apartment vacancy rate

Johnson County leads the way
Cendana Olathe, a 285-unit apartment building that opened in early 2024. (CoStar)<br>
Cendana Olathe, a 285-unit apartment building that opened in early 2024. (CoStar)
CoStar Analytics
October 14, 2024 | 5:40 P.M.

Renter demand in Kansas City has risen this year as consumer sentiment has improved and the inflation rate has slowed. At the end of the third quarter, absorption, or the difference between move-ins and move-outs was 4,600 units, about 75% above the pace of demand for the same period last year.

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