New construction is certainly picking up in the Kansas City metro, with special emphasis on multi-family residential development. According to the Home Builders Association of Greater Kansas City, the city is experiencing the biggest building boom in apartments since 2001. Permits for new building were issued which will bring an estimated 1,700 units to the area–which marks a 2229.2 percent increase from the units planned for the beginning half of last year.

The Lenexa movers have investigated into what makes Kansas City such an ideal place to live in an apartment over a house. Apartments are easier to obtain lending for over houses, and apartments can be easily rented out to others as an investment property. The area has experienced a growing trend of people who prefer renting over owning, thanks to the flexibility of a rental lease and the ability to move as jobs move or companies relocate headquarters.

As rentals remain popular, rents rise and vacancies bottom out. This makes buying an apartment a wise investment for many–if you can afford it.