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Missouri
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VACANCY
Apartment
The average Vacancy Rate was 5.7% in the Kansas City metro
- Vacancy in the Kansas City metro increased by 50 basis points.
- The Kansas City metro had the highest vacancy level since Q2 2021.
Distribution / Warehousing
The average Vacancy Rate was 4.5% in the Kansas City metro
Flex / R&D
The average Vacancy Rate was 6.8% in the Kansas City metro
Office
The average Vacancy Rate was 15.9% in the Kansas City metro
Retail
The average Vacancy Rate was 11.4% in the Kansas City metro
RENT
Apartment
The average Asking Rent was $1,195 in the Kansas City metro
- Rent in the Kansas City metro was up 1.1% from Q3 2023.
- Kansas City metro had its fastest rent rate of increase in four quarters.
Distribution / Warehousing
The average Asking Rent was $4.63 in the Kansas City metro
- Rent in the Kansas City metro was up 1.5% from Q3 2023.
- Rent Has risen for eleven consecutive quarters in the Kansas City metro.
Flex / R&D
The average Asking Rent was $8.40 in the Kansas City metro
- Rent in the Kansas City metro was up 0.8% from Q3 2023.
- Rent has risen in every quarter since Q2 2020 in the Kansas City metro.
Office
The average Asking Rent was $23.30 in the Kansas City metro
Retail
The average Asking Rent was $14.58 in the Kansas City metro
VACANCY
Apartment
The average Vacancy Rate was 4.9% in the St. Louis metro
- Vacancy in the St. Louis metro drifted upward by 30 basis points.
- The St. Louis metro had the highest vacancy level since Q2 2021.
Distribution / Warehousing
The average Vacancy Rate was 7.6% in the St. Louis metro
Flex / R&D
The average Vacancy Rate was 6.0% in the St. Louis metro
Office
The average Vacancy Rate was 23.2% in the St. Louis metro
- Vacancy in the St. Louis metro increased by 70 basis points.
- The St. Louis metro had the highest vacancy level since year-end 1993.
Retail
The average Vacancy Rate was 13.6% in the St. Louis metro
RENT
Apartment
The average Asking Rent was $1,161 in the St. Louis metro
Distribution / Warehousing
The average Asking Rent was $5.33 in the St. Louis metro
- Rent in the St. Louis metro was up 0.9% from Q3 2023.
- Rent has risen in every quarter since Q2 2020 in the St. Louis metro.
Flex / R&D
The average Asking Rent was $8.76 in the St. Louis metro
- Rent in the St. Louis metro was up 0.8% from Q3 2023.
- Rent has risen in every quarter since Q2 2020 in the St. Louis metro.