Commercial Real Estate Market in Kansas City, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
323 active listings and 4,047 off-market properties in Kansas City, KS. Commercial property asks $16/SF to buy and $13.36/SF/Yr to lease.
Market Trends
Kansas City, KS spans 137.0 square miles in Wyandotte County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kansas City, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Kansas City, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Kansas City, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Kansas City, KS runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Kansas City, KS has 161,409 residents in 65,836 households. Density runs 1,179 people per square mile. Median household income here is $61,738 and median gross rent $1,099 a month.
161,409
Population
65,836
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
81%
High-School Grad
137 sq mi
ZIP Area
1,179
Density / Sq Mi
$61,738
Median Household Income
$37,437
Median Earnings
$1,099
Median Rent
$145,159
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Kansas City | — | — |
| Riverside | — | — |
| Northmoor | — | — |
| Edwardsville | — | — |
Commercial property in Kansas City, KS asks $16/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kansas City?
Commercial property in Kansas City, KS asks an average of $16 per square foot.
How much does it cost to lease commercial space in Kansas City?
Asking lease rates in Kansas City, KS average $13.36 per square foot per year.
Where does Realmo's Kansas City market data come from?
Realmo compiles Kansas City, KS figures from 2 recent recorded sales, 255 active sale listings, 68 active lease listings, 4,047 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 255 active for-sale and 68 active for-lease listings in Kansas City, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
