5 Most Affordable Neighborhoods in Kansas City, MO
Experience all Kansas City offers without breaking the bank. Explore our detailed guide to moving to Kansas City on a budget.
If you want to be surrounded by some of Kansas City’s best spots for shopping, dining, and entertainment, Hanover Place could be a great choice for your next home. Along with its own unique offerings, Hanover Place is surrounded by some of the city’s trendiest locales like Hyde Park, Old Westport, Valentine, and Southmoreland, so there is never a shortage of attractions close to home. The neighborhood is also just two miles north of Country Club Plaza, one of the city’s largest and most popular commercial hubs. Broadway Boulevard and Main Street are home to Hanover Place’s unique collection of specialty shops, diverse eateries, lively bars, and more. Catch a show at the historic Madrid Theater or Uptown Theater, which are both known for their incredible architecture. This lively neighborhood blends the old and new with sleek condos, modern townhomes, and apartments in stately brick buildings for rent. Hanover Place has almost everything a resident might need, but head two miles north and you’ll reach Downtown Kansas City in no time.
As of March 2026, the average apartment rent in Hanover Place is $848 for a studio, $1,055 for one bedroom, $1,250 for two bedrooms, and $1,272 for three bedrooms. Apartment rent in Hanover Place has decreased by -0.8% in the past year.
Studio
435 sq ft
Average Sq Ft
$848/month
Average Rent
1 BR
716 sq ft
Average Sq Ft
$1,055/month
Average Rent
2 BR
1,011 sq ft
Average Sq Ft
$1,250/month
Average Rent
3 BR
1,804 sq ft
Average Sq Ft
$1,272/month
Average Rent
Experience all Kansas City offers without breaking the bank. Explore our detailed guide to moving to Kansas City on a budget.
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.