People ask “How is the Kansas City rental market?” Well, like the real estate sales market it varies from place to place. But I can give you this personal anecdote. Last Tuesday or so I put up two For Rent signs on two different properties that had just gone vacant or is going vacant August 31. One is in Blue Springs and the other is in NE Kansas City. Both on the Missouri side for you out-of-town readers.
Anyway, I’ve had about 4 calls already on the NE KC home and about a dozen calls and three showings on the Blue Springs duplex for rent. And Blue Springs has two people serious enough to say they are going to put in applications. Now, any experienced property manager will tell you that you do not know until you know. And even then it may take a couple months of tenancy to know. Know what I mean?
Here in Olathe, Kansas I’ve watched a couple of For Rent signs go up and come down in a matter of 2-3 weeks. Now, those weren’t mine but I watched them. And my rental property in Olathe just had the tenants sign on for a third straight year.
Now, on the east side of Blue Springs some clients of mine did take about 60 days to get a completely vacant duplex they purchased loaded with occupants. That duplex had rents on the slightly higher end for Blue Springs.
So there you go. Just in case you were wondering how the Kansas City rental market was going.
BBQ Capital | Kansas City Real Estate Investing 
Hi Chris,
How about Platte City? How’s the rental mkt like? I heard that most of the potential renters there are from the military. How true is that?
Platte City is a little softer. But it’s becoming increasingly more a part of the KC metro as both cities continue to grow.
I know of some good properties up there and a good property manager.
I see.
I was thinking of buying a fourplex somewhere on the Oak Valley Dr., hoping to rent them out to the military. I agree with you; Platte City is softer than other metro areas.