Average Rent in Missouri

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Current Versus Historical Missouri Rents

Missouri rentals average $843 for a studio rental to $1,850 for a 4-bedroom rental. The median price of all currently available listings is $1,200, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $53 (-5.62%) year-over-year from $948 to $895. 1-bedroom rentals prices have increased by $614 (71.65%) year-over-year from $857 to $1,471. 2-bedroom rentals prices have increased by $38 (3.81%) year-over-year from $1,007 to $1,045. 3-bedroom rentals prices have increased by $185 (13.55%) year-over-year from $1,365 to $1,550. 4-bedroom rentals prices have increased by $1,412 (80.07%) year-over-year from $1,763 to $3,175. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 3.76% this month. 1-bedroom rents have gone up by 35.93% this month. 2-bedroom rents have gone up by 0.16% this month. 3-bedroom rents have gone up by 5.71% this month. 4-bedroom rents have gone up by 38.66% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.89	$895	$948 (-5.62%)	$965 (-7.25%)
1 BR	$1.29	$1,471	$857 (71.65%)	$782 (88.12%)
2 BR	$1.15	$1,045	$1,007 (3.81%)	$880 (18.75%)
3 BR	$1.10	$1,550	$1,365 (13.55%)	$1,143 (35.57%)
4+ BR	$1.02	$3,175	$1,763 (80.07%)	$1,383 (129.52%)

Historical Rents in Missouri

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Missouri

There are a total of 50 cities nearby Missouri. The average rent in Missouri is currently $1,300 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Toledo, OH, with an average rent of $825, is the most affordable city nearby. In contrast, the most expensive city near Missouri is Frisco, TX. Monthly rents here are on average $2,850 per month.

Let's compare Missouri's rent against other top cities nearby by bedroom size. Typically, rent for studios in Missouri is 20.89% more affordable than other cities nearby. One bedrooms are about 14.69% more affordable. Two bedrooms in Missouri are about 21.83% more affordable. Finally, rent for three bedrooms are about 10.17% more affordable. Want more information? Check out the top 10 cities out of 50 total cities near Missouri in the following chart.

City	Studio	1 Bed	2 Bed	All
Des Moines, IA	$715	$803	$995	$898
Fort Smith, AR	N/A	$625	$843	$900
Springfield, MO	$663	$800	$948	$1,050
Champaign, IL	$852	$1,020	$1,260	$1,170
Little Rock, AR	$2,000	$900	$925	$1,200
Tulsa, OK	$750	$825	$1,125	$1,200
Memphis, TN	$1,099	$923	$1,095	$1,225
Columbia, MO	$1,000	$800	$950	$1,250
Kansas City, MO	$913	$1,006	$1,295	$1,250
Fayetteville, AR	$785	$1,195	$1,350	$1,700

Top Neighborhoods Near Missouri

There are a total of 21 neighborhoods in or near Missouri. Some of these neighborhoods include Lower East Side, Old East Dallas, and Lake Highlands. We've included all of these top 21 neighborhoods in or near Missouri in the following chart.

The average rent for these 21 neighborhoods in or near Missouri is currently around $1,911 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $1,911. Interestingly, the neighborhoods' average rent is higher than Missouri's average rent, which is only $1,200. Out of all the neighborhoods in or near Missouri, Lower East Side has the most affordable average rent at $945 per month. Whereas, at $3,000 average rent per month, Oak Lawn is the most expensive neighborhood in or near Missouri. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Lower East Side, Milwaukee, WI	$755	$925	$1,363	$945
Old East Dallas, Dallas, TX	$1,145	$1,225	$1,742	$1,288
Lake Highlands, Dallas, TX	$609	$1,123	$1,475	$1,475
Edgewater, Chicago, IL	$1,126	$1,550	$2,175	$1,550
Indianola Terrace, Columbus, OH	N/A	$824	$1,175	$1,588
Rogers Park, Chicago, IL	$1,150	$1,375	$1,850	$1,600
Albany Park, Chicago, IL	$1,048	$1,420	$1,900	$1,650
Uptown, Chicago, IL	$1,150	$1,625	$2,600	$1,695
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,825	$1,700
Ravenswood, Chicago, IL	$1,220	$1,600	$2,650	$1,725
Logan Square, Chicago, IL	$1,250	$1,795	$2,023	$1,911
Old Northeast, Bloomington, IN	$1,110	$1,198	$1,937	$2,000
Lincoln Park, Chicago, IL	$1,450	$1,875	$2,945	$2,018
Lakeview, Chicago, IL	$1,450	$1,927	$2,593	$2,100
Humboldt Park, Chicago, IL	$2,100	$1,450	$1,825	$2,150
Hyde Park, Chicago, IL	$1,275	$1,650	$1,875	$2,299
DePaul, Chicago, IL	$1,670	$2,295	$2,400	$2,395
Midtown, Atlanta, GA	$1,518	$1,950	$2,750	$2,551
South Loop, Chicago, IL	$1,650	$2,248	$3,000	$2,809
Near North Side, Chicago, IL	$1,775	$2,396	$3,600	$2,998
Oak Lawn, Dallas, TX	$1,650	$2,100	$3,715	$3,000

Top Counties Near Missouri

There are a total of 21 counties located by Missouri. Some of these counties include Polk, IA, Black Hawk, IA, and Champaign, IL. The average rent for rentals in these counties is $1,450. That's roughly around $1 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Lucas, OH. It's average rent per month is $850. Vice versa, with an average rent of $2,595, Denton, TX is the most expensive county by Missouri.

Typically, rent for studios in Missouri is 14.18% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Missouri is 22.66% more affordable than other counties nearby. Finally, rent for two bedrooms in Missouri is 29.90% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Polk, IA	$720	$825	$1,031	$995
Black Hawk, IA	$725	$728	$900	$1,063
Champaign, IL	$788	$950	$1,120	$1,100
Pulaski, AR	$2,500	$750	$895	$1,150
Greene, MO	$665	$800	$950	$1,185
Boone, MO	$1,000	$800	$950	$1,250
Jackson, MO	$905	$995	$1,200	$1,250
Shelby, TN	$1,100	$925	$1,100	$1,300
Washington, AR	$785	$1,148	$1,299	$1,650
Benton, AR	$1,200	$1,200	$1,363	$1,700

Top Zipcodes Near Missouri

There are a total of 49 zipcodes in or near Missouri. The average rent for all of these zipcodes is $2,100. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 47303, Hamilton, IN at $925 per month. In comparison, the zipcode with the most expensive average rent of $3,850 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,265. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Missouri is $1,254 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,100 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Missouri. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60657, Chicago, IL	$1,400	$1,927	$2,650	$2,095
60613, Chicago, IL	$1,450	$1,733	$2,595	$2,140
60647, Chicago, IL	$1,250	$1,848	$2,150	$2,050
43201, Columbus, OH	$862	$1,100	$1,325	$1,600
75001, Addison, TX	$1,265	$1,475	$2,169	$1,538
60640, Chicago, IL	$1,135	$1,600	$2,483	$1,645
75034, Frisco, TX	$2,070	$1,352	$2,209	$2,600
60614, Chicago, IL	$1,600	$2,200	$2,895	$2,370
60610, Chicago, IL	$1,763	$2,299	$3,550	$2,700
76179, Fort Worth, TX	$1,306	N/A	$1,495	$2,249

Frequently Asked Questions - Missouri Average Rents

What is the average rent price in Missouri?

The average monthly rental price for Missouri apartments for rent is approximately $1,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Missouri rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Missouri.

How much is a studio apartment in Missouri?

The average monthly rental price for studio apartments is $843 and an average price per square feet of $1.89. There are a total of 116 studio apartment listings currently available for rent in Missouri.

How much is a one bedroom apartment in Missouri?

The average monthly rental price for one bedroom apartments is $800 and an average price per square feet of $1.29. There are a total of 356 one bedroom apartment listings currently available for rent in Missouri.

How much is a two bedroom apartment in Missouri?

The average monthly rental price for two bedroom apartments is $1,000 and an average price per square feet of $1.15. There are a total of 702 two bedroom apartment listings currently available for rent in Missouri.

How have rent prices in Missouri changed this year?

Rent prices for rentals in Missouri can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.72%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.14% year-over-year.

What is a reasonable rent price in Missouri?

A reasonable rent price in Missouri is around $960/month. You can search for these reasonably priced rental listings on RentHop.