Apartment Rent Prices at The Falls Apartments [2024]
Finding the right apartment can be tricky, especially with rent prices constantly changing year after year. If you're considering a move to The Falls Apartments, understanding its historic rental trends can help you with your decision.
This overview gives you everything you need to see how rent prices at The Falls have shifted in recent years for the insights you need to make your decision. We'll also give you more context about how The Falls aligns with other rental prices in Kansas City.
Note: All of the rental data included here comes from our internal database of rent estimates. We offer rental estimates at the city, state, and national level available for download.
The Falls Average Rent Prices and Trends
Apartment Rent Prices at The Falls
The rent prices at The Falls Apartments have varied over the last few years. We took a look at the different prices across different layouts and how those rents have shifted.
| Unit Rented Month | Bedrooms | Bathrooms | Time on Market | Last Price Seen | Units |
|---|---|---|---|---|---|
| Oct 2021 | Studio | 1 | 2 days | $664 | 2 |
| Oct 2021 | 1 | 1 | 3 days | $877 | 1 |
| Nov 2021 | Studio | 1 | 5 days | $639 | 1 |
| Jan 2022 | 1 | 1 | 5 days | $731 | 1 |
| Feb 2022 | Studio | 1 | 19 days | $642 | 2 |
| Feb 2022 | 2 | 2 | 42 days | $1134 | 1 |
| Mar 2022 | Studio | 1 | 3 days | $581 | 1 |
| Mar 2022 | 1 | 1 | 5 days | $720 | 1 |
| Apr 2022 | Studio | 1 | 4 days | $747 | 1 |
| May 2022 | Studio | 1 | 2 days | $810 | 1 |
Studio apartments at The Falls have fluctuated between $639 in 2021 and $832 by late 2023. The time to rent ranges from a few days to over a month for these smaller apartments. One-bedroom units followed a similar trend, with prices peaking at $1,072 in 2024. Two-bedroom units have seen steady growth and reached $1,265 by January 2024. Overall, prices at The Falls Apartments have been on the rise, but there are still occasional dips, especially during winter months, which could be a good opportunity for renters looking for lower rates.
Are Apartment Prices Going Up or Down at The Falls?
If you're curious about whether rent prices at The Falls Apartments are trending up or down, here's our breakdown of recent rental data.
| Unit Rented On | Bedrooms | Bathrooms | Time on Market | Last Price Seen |
|---|---|---|---|---|
| 2024-09-26 | 1 | 1 | 25 days | $1019 |
| 2024-09-26 | 1 | 1 | 25 days | $1019 |
| 2024-09-26 | 1 | 1 | 25 days | $1019 |
| 2024-09-25 | Studio | 1 | 30 days | $709 |
| 2024-09-25 | Studio | 1 | 30 days | $709 |
| 2024-09-25 | Studio | 1 | 30 days | $709 |
| 2024-09-24 | Studio | 1 | 2 days | $695 |
| 2024-09-24 | Studio | 1 | 2 days | $695 |
| 2024-09-24 | Studio | 1 | 2 days | $695 |
| 2024-09-03 | Studio | 1 | 4 days | $800 |
Over the past few months, rent prices at The Falls Apartments have shown some slight fluctuations. Studio prices ranged from $695 to $800 in September 2024 and didn't sit on the market for long. For 1-bedroom units, prices have held steady at $1,019 and 2-bedroom units also saw consistency of $1,049. The prices at The Falls have remained stable, making it easier for renters to decide if rents align with their budgets.
When Is the Best Time to Rent an Apartment at The Falls?
Based on all of the data we looked at, the best time to rent an apartment at The Falls Apartments is usually during the winter months. For example, in January or February, the prices for studios and 1-bedroom units tend to dip. Studio apartments were priced as low as $664, while 1-bedroom units reached $928 in February 2024. Apartments usually stay on the market longer in the winter, making it less competitive and giving renters more time to make a decision without feeling the pressure.
How The Falls Compares to Kansas City’s Local Market?
If you're not ready to make a decision about renting an apartment and wonder how The Falls compares to other apartments in Kansas City, we've got the data for you. We looked at average prices and days on the market for units at The Falls and compared them to the rest of the city.
Note: Market data includes Kansas City and surrounding areas and is segmented by asset type
| Bed | Bath | Property Average Price (% compared to Market)* | Property Average Days on Market (% compared to Market)* |
|---|---|---|---|
| Studio | 1 | $737 (-1.8%) | 34 (0%) |
| 1 | 1 | $984 (-7.7%) | 40 (-42.8%) |
| 2 | 2 | $1265 (-10.2%) | 17 (-77.6%) |
| 2 | 1 | $1039 (-9.1%) | 35 (-2.7%) |
Our research shows that rent prices at The Falls Apartments are slightly lower than the Kansas City market average. Studio apartments are just 1.8% cheaper, but one- and two-bedroom units offer more savings. Prices range from 7.7% to 10.2% below market rates. You'll also see that 2-bedroom and 2-bath units rent out much faster and stay on the market 77.6% less time than the city average.
Apartment Hunting in Kansas City?
The Fall is a good option for its affordability, competitive pricing, and range of availability. Depending on the season you rent, you'll also have time to make a decision without worrying about apartments getting leased too rapidly. If you need more help to figure out which apartment is right for you, take our personalized quiz to find the perfect match based on your preferences and budget.
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