Kansas City, MO real estate investing data
Updated 2026-11-09 · Official Census, HUD, NAIC and FHFA figures
Summary
In Jackson County, the county around Kansas City, the median home value is $213,300, median rent is $1,151 a month and the effective property tax rate is 1.15%. A $250,000 purchase at that rate means about $2,875 a year in property tax. Homeowners insurance averages $1,589 a year across Missouri.
- Median home value
- $213,300
- Median rent / month
- $1,151
- Property tax rate
- 1.15%
- Gross rent yield
- 6.48%
How does Kansas City compare with the rest of Missouri?
Home values in Jackson County are 36% above the median Missouri county ($156,400). Rent is 53% above the state median ($754). The median county's property tax rate is 0.74%, against 1.15% here. Gross yield is a year of median rent divided by median home value. It leaves out all costs, so use it only to compare areas.
Kansas City fair market rent by size
| Studio | $1,257 |
|---|---|
| 1 bedroom | $1,366 |
| 2 bedrooms | $1,546 |
| 3 bedrooms | $2,020 |
| 4 bedrooms | $2,419 |
Kansas City home price growth
| Latest year | 3.1% |
|---|---|
| 5 years, per year | 8.3% |
| 10 years, per year | 7.6% |
Common questions
What is the property tax rate in Kansas City?
The effective rate in Jackson County is 1.15%, based on median taxes paid and median home value in the Census ACS (2019-2023). Your bill may differ, especially if a purchase triggers a reassessment.
What is fair market rent in Kansas City?
HUD's 2027 Fair Market Rent for Jackson County is $1,546 for two bedrooms and $2,020 for three. HUD sets these near the 40th percentile and includes utilities, so check them against nearby listings.
How much have home prices risen in Kansas City?
FHFA's index shows Jackson County prices rising 8.3% a year over the five years to 2025 and 7.6% a year over ten. Those years were unusually strong, so a lower figure is safer in a forecast.
Where these numbers come from
All figures are for Jackson County as a whole, which can differ from the city and from any one neighborhood. Values, rents and taxes are from the Census ACS 2019-2023. Fair Market Rents are HUD 2027. Insurance is the NAIC 2023 Missouri average. Price growth is FHFA's developmental county index through 2025. Estimates only, not financial advice.