Lee's Summit, MO Rental Market Trends
Highlights
The average rent for an apartment in Lee's Summit is $1,161, a 5% increase compared to the previous year, when the average rent was $1,102.
Average Rent in Lee's Summit, MO
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,161 | 5% | 960 sq. ft. |
The average size for a Lee's Summit, MO apartment is 960 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.
Lee's Summit, MO Apartment Rent Ranges
- $501-$7004%
- $701-$1,00034%
- $1,001-$1,50046%
- $1,501-$2,00015%
- > $2,0001%
Lee's Summit, MO Occupied Housing Units
- Renter-occupied Households26%
- Owner-occupied Households73%
8,279 or 26% of the households in Lee's Summit, MO are renter-occupied while 22,862 or 73% are owner-occupied.
Lee's Summit, MO Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Lee's Summit, MO | $987 | $987 | $1,021 | $1,026 | $1,042 | $1,102 | $1,135 | $1,152 | $1,161 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Average Rent in Lee's Summit, MO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Chapel Ridge | $1,292 |
| Lake Lee's Summit | $1,292 |
| Lake Ridge Meadows | $1,292 |
| Lakewood | $1,292 |
| Lakewood Business Center | $1,292 |
| Oaks Ridge Meadows | $1,292 |
| Arborwalk | $1,279 |
| Belmont Farms | $1,279 |
| Cheddington | $1,279 |
| Eagle Creek | $1,279 |
| Grand Summit View | $1,279 |
| Harbor Cove | $1,279 |
| Hook Grove | $1,279 |
| Lake Winnebago | $1,279 |
| Meadows at Summit Ridge - Brooks Farm | $1,279 |
| Monarch View | $1,279 |
| Napa Valley | $1,279 |
| Raintree Lake | $1,279 |
| Saddlebrook | $1,279 |
| Scherer Crossing | $1,279 |
| Stoney Creek | $1,279 |
| Windemere | $1,279 |
| Bridlewood | $1,254 |
| Crossing | $1,254 |
| Homestead Ranches | $1,254 |
| Longview Farm | $1,254 |
| Meadows of Winterset | $1,254 |
| Pergola Park | $1,254 |
| Woodland Glen | $1,254 |
| Bent Tree Bluffs - Summerfield | $1,237 |
| Craigmont | $1,237 |
| Hawks Ridge - Newberry | $1,237 |
| Hinsdale | $1,237 |
| Sunset Hills | $1,237 |
| Westbrooke | $1,237 |
| White Ridge Farm | $1,237 |
| Winterset Valley | $1,237 |
| Southside Industrial Park | $1,215 |
| Princeton Heights - Oak Hill | $1,195 |
| Summit Fair | $1,195 |
| Amber Hills - Deerbrook | $1,162 |
| Foxwood - Bordner Estates | $1,162 |
| George Addition - Woodland Shores | $1,162 |
| Knoll Brook | $1,162 |
| Legacy Wood | $1,162 |
| Maple Tree | $1,162 |
| Richardson Ranch | $1,162 |
| Rolling Meadows | $1,162 |
| Dalton's Ridge | $1,067 |
| Park Ridge | $1,067 |
| Ridgewood Hills | $1,067 |
| Villas at Summit Ridge - Arbores | $1,067 |
| Bayles Addition - Village Fair | $834 |
| Charleston Park | $834 |
| Morningside Acres - Arlington Park | $834 |
| Vista Del Verde - Briarcroft | $834 |
The most affordable neighborhoods in Lee's Summit are Bayles Addition - Village Fair, where the average rent goes for $834/month, Charleston Park, where renters pay $834/mo on average, and Morningside Acres - Arlington Park, where the average rent goes for $834/mo. If you’re looking for other great deals, check out the listings from Vista Del Verde - Briarcroft ($834), Dalton's Ridge ($1,067), and Park Ridge ($1,067), where the asking prices are below the average Lee's Summit rent of $1,161/mo.
The most expensive neighborhoods in Lee's Summit are Lakewood ($1,292), Lakewood Business Center ($1,292) and Oaks Ridge Meadows ($1,292).
The most popular neighborhood in Lee's Summit is Amber Hills - Deerbrook, where there are 4 verified RENTCafé listings with an average rent of $1,162. Next up is Craigmont, where apartments go for $1,237/month, followed by White Ridge Farm with $1,237 If you’re looking to rent in Lee's Summit’s most popular neighborhoods, make sure to also check out Arborwalk, where renters pay $1,279 on average, and Bayles Addition - Village Fair, where the average monthly rent is $834.
Lee's Summit | Rent Comparison by Neighborhood
Rent in Amber Hills - Deerbrook is 9% lower than in Arborwalk
Amber Hills - Deerbrook rent is 1% higher than Lee's Summit average
| Average Rent | $1,162 |
|---|
Arborwalk rent is 10% higher than Lee's Summit average
| Average Rent | $1,279 |
|---|
How Lee's Summit Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Saint Louis | $967 | 1% |
| Kansas City | $1,024 | 1% |
| University City | $972 | -2% |
| Overland Park | $1,113 | 3% |
| Florissant | $822 | 6% |
| Olathe | $996 | 4% |
| Saint Charles | $1,032 | 4% |
| Independence | $821 | 7% |
| Kansas City | $834 | 2% |
| Lee's Summit | $1,161 | 5% |
| Blue Springs | $1,059 | 21% |
For more information about the Lee's Summit 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!