Lee's Summit, MO Rental Market Trends

Highlights

The average rent for an apartment in Lee's Summit is $987, a 1% increase compared to the previous year, when the average rent was $973.

Studio apartments in Lee's Summit rent for $675 a month, while 1-bedroom apartments ask on average $854 a month; the average rent for a 2-bedroom apartment is $1,019.

Average Rent in Lee's Summit, MO

Last updated Jan 2019
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $987 $675 $854 $1,019 $1,247
Y-o-Y Change 1% 15% 4% 1% -2%
Average Apartment Size 962 sq. ft. 500 sq. ft. 737 sq. ft. 1,019 sq. ft. 1,316 sq. ft.

The average size for a Lee's Summit apartment is 962 square feet, but this number varies greatly depending on apartment type. A studio averages 500 sq. ft., while a one-bedroom apartment offers a more generous square footage: 737. 2-bedroom apartments in Lee's Summit have an average size of 1,019 sq. ft.

Lee's Summit, MO Apartment Rent Ranges

  • $501-$70025%
  • $701-$1,00057%
  • $1,001-$1,50019%

Lee's Summit, MO Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Jan / 2019 $987 $675 $854 $1,019 $1,247
Jan / 2018 $987 $675 $854 $1,019 $1,247
Sept / 2017 $981 $625 $837 $1,022 $1,230
May / 2017 $973 $589 $820 $1,011 $1,267
Jan / 2017 $960 $598 $817 $990 $1,257
Sept / 2016 $975 $570 $835 $1,014 $1,230
May / 2016 $966 $598 $833 $988 $1,274
Jan / 2016 $937 $598 $810 $959 $1,222
Sept / 2015 $927 $540 $808 $945 $1,207
May / 2015 $891 $540 $770 $906 $1,190
/

Average Rent in Lee's Summit, MO By Neighborhood

Bridlewood
$1,120
Crossing
$1,120
Homestead Ranches
$1,120
Longview Farm
$1,120
Meadows of Winterset
$1,120
Pergola Park
$1,120
Woodland Glen
$1,120
Bent Tree Bluffs - Summerfield
$1,104
Craigmont
$1,104
Hawks Ridge - Newberry
$1,104
Hinsdale
$1,104
Sunset Hills
$1,104
Westbrooke
$1,104
White Ridge Farm
$1,104
Winterset Valley
$1,104
Southside Industrial Park
$1,050
Princeton Heights - Oak Hill
$1,026
Summit Fair
$1,026

The most affordable neighborhoods in Lee's Summit are Princeton Heights - Oak Hill, where the average rent goes for $1,026/month, Summit Fair, where renters pay $1,026/mo on average, and Southside Industrial Park, where the average rent goes for $1,050/mo. If you’re looking for other great deals, check out the listings from Bent Tree Bluffs - Summerfield ($1,104), Craigmont ($1,104), and Hawks Ridge - Newberry ($1,104), where the asking prices are below the average Lee's Summit rent of $987/mo.

The most expensive neighborhoods in Lee's Summit are Meadows of Winterset ($1,120), Pergola Park ($1,120) and Woodland Glen ($1,120).

Lee's Summit | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Bent Tree Bluffs - Summerfield is 1% lower than in Bridlewood

$1,104

Bent Tree Bluffs - Summerfield rent is 12% higher than Lee's Summit average

All rentals $1,104
Studio $675
1 Bed $928
2 Beds $1,210
3 Beds $1,426
$1,120

Bridlewood rent is 14% higher than Lee's Summit average

All rentals $1,120
Studio $675
1 Bed $938
2 Beds $1,228
3 Beds $1,375

How Does Lee's Summit Compare to Nearby Cities

Average Rent Y-o-Y Change
Kansas City $926 3%
Independence $732 1%
Grandview $671 -1%
Raytown $717 4%
Grain Valley $896 6%
Blue Springs $807 1%
Lake Tapawingo $814 1%
Sugar Creek $581 3%
Lee's Summit $987 1%
Oak Grove $880 4%
Greenwood $934 -2%

For more information about the Lee's Summit rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lee's Summit apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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