Ad Astra Realty Rental Owner January 2026 Report
For our income property owners and partners
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2025 was an interesting rental market in Kansas City. Gone are the post-covid days of two day vacancies and quickly escalating rents. In 2025 we saw vacancy climb to our highest level in years, approximately 5%. We also saw…
Tighter contractor availability for fast repairs
Higher contractor prices across the board
Current tenant late-pays and delinquencies have spiked in last two full months
Tenant fraud is rising as the internet makes fake documents more accessible
Increased “Us against Them” perspective tenant relations - a general sense of anxiety and assumption of landlords looking to cheat the tenant
Increasing insurance rates
More saber rattling in regard to more permit fees, inspections and requirements from city and county governments
See Kansas City Market Report link below to see how sales are driving the market in Kansas, but lagging in Missouri.
Rest assured we are doing our best to keep up with local regulations and the condition of your property(s).
Steps we are taking to adjust to the times.
Further investment in maintenance coordination, communication and billing services and an AI agent able to help tenants 24/7 and thus reducing maintenance calls
Investment in a more robust, quicker tenant qualification and application process through an online source that offers AI verification of addresses, bank references, etc.
Never ending commitment to better our communication with our property owners, tenants and within the team itself
READING of INTEREST
2025 Kansas City Year End Market Report - A MUST READ
A quick look (and must read) at what sales have been happening in Kansas City and where the opportunity is. (A newsletter Chris wrote to the 240 agents in his orbit. Below is on of 3 charts discussed.)
Asking Rents Decline Year-over-Year
CalculatedRisk Newsletter - worth the follow if you love numbers, graphs and practical looks at housing in the United States.
In Closing
Thank you for your continued patronage. Rest assured that Jimmy, the team and I are here to serve you, your properties and your tenants. We believe in the value of people. We believe in the seriousness of your investment.
Whenever you have questions about your property, tenants or money, we are here to help. Leave a comment or reach out to us in private.
Chris Lengquist 913.568.1579
Owner/Broker
chris@adastrakc.com
Jimmy Geisler 913.543.0234
Director of Property Management
jimmy@adastrakc.com
Ad Astra Realty, Inc 913.839.2953
AdAstraKC.com




