Apartment Rent Prices at Cambridge Square [2024]
Curious about the current rental market at Cambridge Square in 2024? We’ve compiled the latest data on apartment prices, availability, and market trends for each unit type. Whether you're looking for a cozy studio or a spacious two-bedroom, this breakdown will help you understand what to expect when renting in Kansas City this year.
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.
Cambridge Square Average Rent Prices and Trends
Apartment Rent Prices at Cambridge Square
The table below highlights the rent price trends at Cambridge Square from 2021 to 2024. It includes data on shifts in pricing, time on the market, and availability for 1-bedroom, 2-bedroom, and 3-bedroom units.
This information provides renters with a detailed look at how rent prices have evolved over the years, helping you make an informed decision when considering Cambridge Square as your next home.
| Unit Rented Month | Bedrooms | Bathrooms | Time on Market | Last Price Seen | Units |
|---|---|---|---|---|---|
| 2024-10-01 | 2 | 2 | 58 days | $1665 | 2 |
| 2024-10-01 | 1 | 1 | 71 days | $1158 | 3 |
| 2024-10-01 | 3 | 2 | 420 days | $1718 | 1 |
| 2024-09-01 | 1 | 1 | 37 days | $1641 | 1 |
| 2024-08-01 | 1 | 1 | 42 days | $1248 | 3 |
| 2024-08-01 | 2 | 2 | 106 days | $1602 | 2 |
| 2024-07-01 | 1 | 1 | 18 days | $1430 | 3 |
| 2024-07-01 | 2 | 2 | 153 days | $1577 | 5 |
| 2024-06-01 | 3 | 2 | 315 days | $1807 | 1 |
| 2024-06-01 | 2 | 2 | 75 days | $1614 | 3 |
The rent prices at Cambridge Square have experienced significant fluctuations from 2021 to 2024. In 2022, 1-bedroom units saw some variability, with prices ranging from $1,166 to a peak of $1,444 in April. By 2023, 1-bedroom prices became more volatile, spiking at $1,545 in February before gradually settling near $1,250 toward the end of the year.
In 2024, rents continued to show an upward trend, with notable increases for both 1- and 2-bedroom units, especially in September, where 1-bedroom units peaked at $1,641. Meanwhile, 2-bedroom units, which had a more stable pricing pattern in early years, saw a steady rise through 2023, often surpassing $1,600 in mid-2024.
Are Apartment Prices Going Up or Down at Cambridge Square?
Rent prices at Cambridge Square have seen some fluctuations in recent months.
If you're curious about the current trends, we’ve compiled a quick overview of the most recent changes to give you a better sense of where the market is heading in 2024.
| Unit Rented On | Bedrooms | Bathrooms | Time on Market | Last Price Seen |
|---|---|---|---|---|
| 2024-10-15 | 2 | 2 | 1 days | $1732 |
| 2024-10-14 | 3 | 2 | 46 days | $1718 |
| 2024-10-13 | 1 | 1 | 1 days | $1150 |
| 2024-10-11 | 1 | 1 | 6 days | $1257 |
| 2024-10-07 | 1 | 1 | 18 days | $1069 |
| 2024-10-06 | 2 | 2 | 51 days | $1599 |
| 2024-09-15 | 1 | 1 | 35 days | $1641 |
| 2024-08-25 | 1 | 1 | 7 days | $1404 |
Recent rental data at Cambridge Square shows mixed pricing trends. In August 2024, 1-bedroom units ranged from $1,088 to $1,404, then jumped to $1,641 by mid-September. For 2-bedroom units, prices varied as well, with a peak at $1,745 in August before dropping to $1,405 in early September. These swings suggest a dynamic market where timing can play a key role in securing a better rental rate.
When Is the Best Time to Rent an Apartment at Cambridge Square?
The best time to rent at Cambridge Square depends on the type of unit you’re seeking. Historically, 1-bedroom apartments tend to be more affordable at the start of the year, with prices dropping to around $1,123 in January 2024 and $1,084 in January 2023.
Prices for 2-bedroom units also show a dip in late fall and early winter, with November and December often offering lower rents, such as $1,243 in November 2022 and $1,355 in November 2023. In contrast, rents tend to peak in the spring and summer months, so if you’re looking for the best deal, aim to secure a lease between November and February.
How Does Cambridge Square Compare to Kansas City’s Local Market?
Curious how rent prices and market dynamics at Cambridge Square Apartments stack up against other apartments in Kansas City?
Below, we’ve compiled the average prices and days on market for units at Cambridge Square to the broader Kansas City market, giving you a clear picture of how this property measures up.
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)* |
|---|---|---|---|
| 1 | 1 | $1315 (1.3%) | 83 (7.7%) |
| 2 | 1 | $1368 (10.6%) | 179 (86.4%) |
| 2 | 2 | $1567 (-8.3%) | 132 (59%) |
| 3 | 2 | $1825 (-9.2%) | 226 (205.4%) |
Cambridge Square offers a mix of competitive and slightly above-market rental prices compared to the Kansas City average. While 1-bedroom units are priced 2.6% above the market average, they tend to stay on the market longer, with an average of 98 days.
On the other hand, 2-bedroom, 2-bath units are a good deal, coming in at 8.9% below the market average, though they spend more time on the market, averaging 139 days. For renters looking at 3-bedroom units, Cambridge Square offers an even better deal, with prices nearly 10% below the city average, albeit with longer market times.
Apartment Hunting in Kansas City?
Cambridge Square stands out as a unique option in Kansas City’s rental market, with a range of pricing options across unit types. While some units are priced slightly above market rates, others present great value, particularly for those seeking larger living spaces. If you're considering a move, explore our resources for more insights, or take our quiz to find your ideal apartment match.
Share this Article
