Home in the Heartland

Kansas City offers multifamily players steady growth, solid metrics, and an opportunity to deliver new urban destinations.

8 MIN READ
The J.C. Nichols Memorial Fountain on Kansas City's Country Club Plaza is one of more than 200 in the City of Fountains.

Joe Clements

The J.C. Nichols Memorial Fountain on Kansas City's Country Club Plaza is one of more than 200 in the City of Fountains.

MFE DOZEN:

Raleigh, N.C. (January) A not-so-sleepy Southern town

Houston (February) Lone Star success

Huntsville, Ala. (March) A military movement

Lexington/Louisville, Ky. (April) No blues in the Bluegrass State

Seattle (May) A city on the rise

Orlando (June) A heated market

Kansas City (July) Feeling Midwestern momentum

Colorado Springs, Colo. (August) Rocky Mountain growth

Philadelphia (September) Independent streak

Columbus, Ohio (October) The heart of it all

San Antonio (November) Big-time development

San Francisco (December) Bayside building sets sail

FAST FACTS Considering Kansas City?

Here’s what you need to know:

  • Population: 1.95 million
  • Occupancy: 92.5%
  • Mediam Age: 34.1
  • Median Household Income: $51,3000
  • Average Rent: $716
  • Unemployment: 5.5% NOTABLE: Kansas City has more fountains than any other U.S. city and ranks second to Rome in the worldwide count. Opened in 1923, Kansas City’s Country Club Plaza is considered the nation’s first suburban shopping center. And the city bills itself as the world’s barbecue capital—the metro area has more than 100 restaurants specializing in the dish.

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