Last updated
Average Rent in Independence, MO & Rent Trends
Rent prices and market trends across 8 apartment communities in Independence, MO. Updated daily.
Market Average
$1,292/mo
▼ 8% from last month
Lowest Available
$699/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
85
available now
Rent by Neighborhood in Independence, MO
Compare average rent across Independence, MO neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Independence 64057 | $1,456 | $1,120 | 3 | 48 |
| Independence 64055 | $1,341 | $800 | 2 | 15 |
| Independence 64053 | $925 | $825 | 1 | 4 |
| Independence 64054 | $907 | $699 | 1 | 15 |
| Independence 64050 | $846 | $819 | 1 | 3 |
Is Rent Going Up or Down in Independence, MO?
As of May 2026, the average rent in Independence, MO is $1,292 per month across 8 apartment communities and 85 available units. Rents have decreased $104 (8%) over the past month.
The most affordable option is Pleasant Grove Apartments starting at $699/mo. By unit type, a studio averages $1,263/mo, a 1-bedroom averages $1,139/mo, a 2-bedroom averages $1,401/mo, a 3-bedroom averages $1,703/mo, a 4-bedroom averages $1,425/mo.
Prices range from $699 to $2,079 per month. The most common price point is the $1,400 range, where 27 units are currently listed.
Independence, MO Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Independence, MO
Rent Prices by Apartment in Independence, MO
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Pleasant Grove Apartments | $699/mo | $907/mo | 15 | 4.5 |
| One Stop Property Management LLC | $800/mo | $1,113/mo | 2 | 3.6 |
| Timber Creek Apartments | $819/mo | $846/mo | 3 | 4.3 |
| Winner Place Apartments | $825/mo | $925/mo | 4 | 3.7 |
| Nolia on the Hill Apartments | $1,067/mo | $1,376/mo | 13 | 4.7 |
| Indy Ridge | $1,120/mo | $1,328/mo | 6 | 4.6 |
| Cornerstone Apartments | $1,133/mo | $1,377/mo | 26 | 4.1 |
Google Search Trends for Independence, MO Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Independence, MO
What is the average rent in Independence, MO?
Is rent going up or down in Independence, MO?
What is the cheapest apartment in Independence, MO?
How much is a 1-bedroom apartment in Independence, MO?
How many apartments are available in Independence, MO?
What salary do I need to live comfortably in Independence, MO?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$52,000/year
30 percent rule -- using our average rent of $1,292/mo.
Comfortable income
$62,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($699/mo), you need to earn at least $28,000/year.
Median household income in Independence, MO is $59,480 , about 4% below the comfortable-living threshold.
Cost of living in Independence, MO
Overall prices in Independence, MO runs below the national average by about 7% (BEA Regional Price Parity index 93.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Independence, MO's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,292 |
| Utilities | $378 |
| Groceries | $521 |
| Transportation | $902 |
| Healthcare | $440 |
| Other goods and services | $704 |
| Estimated total | $4,237/mo |
Population
121,944
Median household income
$59,480
Census median rent
$1,061/mo
Rent as % of income
29.8%
Median age
38.4
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Independence, MO Apartments
Browse all 8 communities with daily-updated pricing and availability.