Lee's Summit: Housing & Real Estate
Homes in Lee's Summit carry a median value of $340,900 (estimated market value runs 22% higher at $414,759), with median rent $1,422 (1.2× higher than Jackson County median $1,197; 1.4× higher than Missouri median $1,033). Homeownership rate: 73.4%. That's 1.5× higher than the Jackson County median ($230,500); 1.5× higher than the Missouri median ($230,300). Market is hot. Vacancy rate 4.4%. New construction makes up 16.1% of stock. 11 nursing facilities on file. A municipal building code is in effect.
- 3.3× annual income — home value vs. household income (vs Missouri 3.2×).
- 20.0 years to break even renting at the median (vs Missouri 16y).
- 4-BR rent is 1.9× a studio — rent gradient by unit size.
- Median rent runs 4% above HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $340,900 — 1.6× the Missouri median ($212,900). Median rent $1,422/month. homeownership rate 73.4% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.3× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 16.2% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 41.8% |
| Affordability · Poverty Rate | 5.7% |
| Affordability · Property Tax Pct Income | 3.8% |
| Fair Market Rent · Studio rent | $1,095 (vs Missouri $955) |
| Fair Market Rent · One-bedroom rent | $1,197 (vs Missouri $995) |
| Fair Market Rent · Two-bedroom rent | $1,358 (vs Missouri $1,218) |
| Fair Market Rent · Three-bedroom rent | $1,769 (vs Missouri $1,568) |
| Fair Market Rent · Four-bedroom rent | $2,103 (vs Missouri $1,812) |
| Fair Market Rent · HUD FMR area | Kansas City, MO-KS HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $414,759 |
| Median Home Value | $340,900 (vs Missouri $212,900) |
| Median Rent | $1,422 (vs Missouri $1,097) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | hot |
|---|---|
| Housing Market · Vacancy rate | 4.4% |
| Housing Market · New construction (% of stock) | 16.1% |
| Housing Market · Price Appreciation 2Yr | 8.8% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Missouri median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Missouri median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Missouri median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 94.7% (vs Missouri 92.3%) |
| Broadband · Broadband-capable premises | 52,701 |
| Electricity · Electricity rate (¢/kWh) | 12.91¢/kWh |
| Electricity · Customers | 2933914 |
| Electricity · Revenue Millions | $4,548 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Missouri median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Missouri median) |
| Mobile Home Parks Detail · County total | 2 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 8 |
|---|---|
| Ev Charging · Public Stations | 7 |
| Ev Charging · L2 Ports | 15 |
| Ev Charging · Dc Fast Ports | 2 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 73.4% (vs Missouri 60.9%) |
|---|---|
| Median Year Built | 1994 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12