O'Fallon, MO Rental Market Trends
Highlights
The average rent for an apartment in O'Fallon is $1,152, a 9% increase compared to the previous year, when the average rent was $1,060.
Average Rent in O'Fallon, MO
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,152 | 9% | 939 sq. ft. |
The average size for a O'Fallon, MO apartment is 939 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.
O'Fallon, MO Apartment Rent Ranges
- < $5001%
- $501-$7002%
- $701-$1,00018%
- $1,001-$1,50074%
- $1,501-$2,0005%
O'Fallon, MO Occupied Housing Units
- Renter-occupied Households24%
- Owner-occupied Households75%
8,402 or 24% of the households in O'Fallon, MO are renter-occupied while 25,891 or 75% are owner-occupied.
O'Fallon, MO Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Feb / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| O'Fallon, MO | $989 | $989 | $1,027 | $1,034 | $1,077 | $1,060 | $1,089 | $1,103 | $1,152 |
| National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |
How O'Fallon Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Saint Louis | $969 | 1% |
| St. Louis County | $946 | 2% |
| Kansas City | $1,032 | 2% |
| University City | $972 | -2% |
| Florissant | $822 | 6% |
| Independence | $823 | 7% |
| Saint Charles | $1,032 | 4% |
| Creve Coeur | $1,109 | n/a |
| Ballwin | $1,109 | 3% |
| O'Fallon | $1,152 | 9% |
| Saint Peters | $1,100 | 4% |
For more information about the O'Fallon 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!