Independence, MO Rental Market Trends
Highlights
The average rent for an apartment in Independence is $751, a 3% increase compared to the previous year.
Average Rent in Independence, MO
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $751 | 3% | 799 sq. ft. |
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
- < $5004%
- $501-$70038%
- $701-$1,00051%
- $1,001-$1,5006%
Independence, MO Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
18,609 or 38% of the households in Independence, MO are renter-occupied while 29,557 or 61% are owner-occupied.
How Independence Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Saint Louis | $960 | 3% |
| University City | $997 | 2% |
| Overland Park | $1,099 | 5% |
| Olathe | $966 | 5% |
| Florissant | $780 | 2% |
| Saint Charles | $996 | 4% |
| Kansas City | $832 | 7% |
| Independence | $751 | 3% |
| Ballwin | $1,059 | 3% |
| Prairie Village | $1,416 | 8% |
| Mission | $910 | 3% |
For more information about the Independence rental trends, check out our monthly rent report
Check out Missouri Cities, Missouri Neighborhoods and Missouri Zip Codes for more details on verified listings, including the Missouri Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!