Rent in Missouri
The median 2-bedroom Fair Market Rent in Missouri is $992/mo, ranking #50 out of 51 states for highest rent. This is $258 below the national median of $1,250/mo. Missouri has a population of 6.2M. About 32.1% of households rent their homes. Fair Market Rent data covers 15 areas across the state.
Highlights
All 15 Areas in Missouri
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Kansas City Pop. 2.2M | $1,095 | $1,197 | $1,358 | $1,769 | 19.9% | +7.9% |
| St. Louis Pop. 2.8M | $955 | $995 | $1,218 | $1,568 | 18.7% | +0.7% |
| Columbia Pop. 213K | $800 | $1,011 | $1,160 | $1,573 | 20% | +12.1% |
| Springfield Pop. 482K | $877 | $883 | $1,095 | $1,498 | 21.4% | +18.9% |
| St. Joseph Pop. 121K | $774 | $832 | $1,077 | $1,363 | 20.5% | +11.7% |
| Howard County Pop. 10K | $720 | $796 | $1,044 | $1,252 | 20% | +21.1% |
| Callaway County Pop. 45K | $789 | $794 | $1,042 | $1,249 | 17.2% | +11.2% |
| Cape Girardeau Pop. 98K | $763 | $807 | $992 | $1,380 | 17.7% | +6.3% |
| Cooper County Pop. 17K | $668 | $730 | $958 | $1,182 | 17% | +17% |
| Joplin Pop. 202K | $760 | $765 | $947 | $1,237 | 18.9% | +2.6% |
| Bates County Pop. 16K | $702 | $706 | $927 | $1,232 | 19.2% | +8.5% |
| Moniteau County Pop. 15K | $698 | $703 | $922 | $1,260 | 17% | +12% |
| Jefferson City Pop. 150K | $689 | $694 | $910 | $1,266 | 15.1% | +10.4% |
| Dallas County Pop. 17K | $727 | $732 | $888 | $1,235 | 20% | +11.4% |
| Polk County Pop. 32K | $729 | $733 | $888 | $1,235 | 18.8% | +11.4% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Missouri is $992 per month. Rents range from $888/mo in Polk County to $1,358/mo in Kansas City. The actual median gross rent statewide is $996/mo according to Census data.
Missouri ranks #50 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $992/mo is $258 below the national median of $1,250/mo.
The average rent burden across Missouri is 18.8%, meaning a typical household would spend 18.8% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $68,920.
The most affordable area in Missouri is Polk County with a 2-bedroom Fair Market Rent of $888/mo. The median household income there is $56,686.
The most expensive area in Missouri is Kansas City with a 2-bedroom Fair Market Rent of $1,358/mo. The median household income there is $81,927.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.