Independence, MO Rental Market Trends
What is the average rent in Independence?
The average rent for an apartment in Independence is $881, a 11% increase compared to the previous year.
Average Rent in Independence, MO
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $881 | 11% | 799 sq. ft. |
What is the average apartment size in Independence?
The average size for a Independence, MO apartment is 799 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Independence, MO Apartment Rent Ranges
- $501-$70017%
- $701-$1,00058%
- $1,001-$1,50023%
- $1,501-$2,0002%
Independence, MO Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
18,708 or 38% of the households in Independence, MO are renter-occupied while 29,379 or 61% are owner-occupied.
Independence, MO Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Independence, MO | $721 | $733 | $735 | $748 | $757 | $770 | $779 | $800 | $829 | $858 | $881 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Independence, MO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Blackburn | $916 |
| Bridger | $916 |
| Highland Manor | $902 |
| 39th East | $898 |
| Chapel | $898 |
| Glendale | $898 |
| Hanthorn | $898 |
| Luff | $898 |
| South Crysler | $898 |
| Southern Independence | $898 |
| Sycamore | $898 |
| Rainbow | $891 |
| Pitcher | $891 |
| Santa Fe | $891 |
| South Independence | $891 |
| Bristol | $803 |
| Fairland Heights | $803 |
| Hill Park | $803 |
| Rock Creek | $803 |
| Rockwood | $803 |
| Three Trails | $803 |
| Procter | $729 |
| Fairmount | $721 |
| Harrison - Mt. Washington | $721 |
| Benton | $707 |
| Heart of Independence | $707 |
| Kentucky Hills | $707 |
| McCoy | $707 |
| Mill Creek | $707 |
| Ott-Chrisman | $707 |
| Queen City | $707 |
| Town Hall | $707 |
| Valley View | $707 |
| Blue Village | $689 |
| Cler-Mont | $689 |
| Farview | $689 |
| Randall | $689 |
| Spring Branch | $689 |
| Bundschu | $684 |
| Carlisle | $643 |
What are the most affordable neighborhoods in Independence?
The most affordable neighborhoods in Independence are Carlisle, where the average rent goes for $643/month, Bundschu, where renters pay $684/mo on average, and Blue Village, where the average rent goes for $689/mo. If you’re looking for other great deals, check out the listings from Cler-Mont ($689), Farview ($689), and Randall ($689), where the asking prices are below the average Independence rent of $881/mo.
What are the most expensive neighborhoods in Independence?
The most expensive neighborhoods in Independence are Highland Manor ($902), Blackburn ($916) and Bridger ($916).
What are the most popular neighborhoods in Independence?
The most popular neighborhood in Independence is Blackburn, where there are 2 verified RENTCafé listings with an average rent of $916. Next up is Bridger, where apartments go for $916/month, followed by Luff with $898 If you’re looking to rent in Independence’s most popular neighborhoods, make sure to also check out Rock Creek, where renters pay $803 on average, and South Crysler, where the average monthly rent is $898.
Independence | Rent Comparison by Neighborhood
Rent in 39th East is 27% higher than in Benton
39th East rent is 2% higher than Independence average
| Average Rent | $898 |
|---|
Benton rent is 20% lower than Independence average
| Average Rent | $707 |
|---|
How Independence Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Saint Louis | $987 | 3% |
| Kansas City | $1,071 | 4% |
| University City | $983 | -1% |
| Overland Park | $1,117 | 2% |
| Florissant | $829 | 6% |
| Olathe | $1,037 | 8% |
| Lenexa | $1,103 | 2% |
| Shawnee | $971 | 2% |
| Saint Charles | $1,053 | 6% |
| Kansas City | $858 | 2% |
| Independence | $881 | 11% |