Rental market snapshot for Independence, Missouri

Independence, Missouri Rental Property Market Overview

Independence, Missouri is a vibrant city located in the western part of the state. According to the US Census, the population of Independence in 2021 was 122,088, making it the fourth largest city in Missouri. The city is known for its rich history, having been the starting point of the Lewis and Clark Expedition, and for its vibrant culture, with a variety of attractions, restaurants, and entertainment venues. Independence is also home to a number of parks and recreational areas, making it a great place to live and visit.

The average rent for an apartment in Independence is $1,462. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Independence Missouri | Cost of Living

  • The most expensive ZIP code in Independence is 64058 with an average price of $1,742.
  • The cheapest ZIP code in Independence is 64053 with an average price of $1,160.

Independence ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
164058$1,742
264057$1,683
364056$1,591
464133$1,560
564055$1,546
664052$1,360
764050$1,291
864053$1,160

Live near Independence, Missouri's Top Sights and Attractions

Young Park is a large outdoor recreational area located in Independence, Missouri. It features a variety of activities, including a playground, walking trails, picnic areas, and a fishing lake. The park also has a large open field, perfect for playing sports or having a picnic. There are also several pavilions available for rent, making it a great spot for birthday parties or other special events.

Trailhead At Rotary Park is a scenic outdoor destination located in Independence, Missouri. It features a variety of trails for walking, running, and biking, as well as a playground, picnic areas, and a lake. The park also offers a variety of activities, such as fishing, kayaking, and bird watching. The park is surrounded by lush greenery, making it a great place to relax and enjoy nature.

Indep Athletic Complex is a multi-sport facility featuring a variety of outdoor activities. It has two lighted football fields, two lighted baseball fields, two lighted soccer fields, two lighted softball fields, and two lighted sand volleyball courts. The complex also has a playground, picnic area, and concession stand. It is a great place for families to come and enjoy a day of outdoor fun.

Hidden Valley Park is a scenic outdoor destination located in Independence, Missouri. It features a variety of trails for hiking, biking, and horseback riding, as well as a lake for fishing and boating. The park also has a playground, picnic areas, and a disc golf course. Visitors can also enjoy the wildlife, including deer, wild turkeys, and other birds. The park is a great place to relax and enjoy nature.

Independence Events Center is a multi-purpose arena located in Independence, Missouri. It has a seating capacity of up to 8,000 people and features a variety of events, including concerts, sporting events, conventions, and trade shows. The facility also includes a full-service restaurant, a concession stand, and a variety of other amenities. The arena is home to the Missouri Mavericks, an ECHL hockey team, and the Missouri Comets, a Major Arena Soccer League team. The Events Center also hosts a variety of other events throughout the year, including rodeos, circuses, and monster truck rallies.

Adair Park is a beautiful outdoor area located in Independence, Missouri. It features a large lake, walking trails, and plenty of green space for picnicking and playing. There are also several playgrounds, a disc golf course, and a skate park. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Little Blue Trace is a scenic walking and biking trail that winds through the rolling hills of Independence, Missouri. The trail is approximately 8 miles long and is lined with trees and lush vegetation. Along the way, visitors can enjoy views of the Missouri River and the surrounding countryside. The trail also passes by several historic sites, including the Harry S. Truman Presidential Library and Museum, the National Frontier Trails Museum, and the Vaile Mansion. There are also several parks and playgrounds along the way, making it a great spot for a family outing.

Hidden Valley Sports Complex is a multi-sport facility offering a variety of activities for all ages. It features a full-size soccer field, two baseball fields, two softball fields, a basketball court, a sand volleyball court, and a playground. The complex also offers a concession stand, picnic areas, and a walking trail. It is a great place for families to come and enjoy a day of outdoor fun.

Mccoy Park is a large outdoor recreational area located in Independence, Missouri. It features a variety of activities and attractions, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies. Visitors can also take advantage of the park's fishing pier and boat rentals.

Burr Oak Woods State Forest is a nature preserve located in Independence, Missouri. It is a great spot for outdoor activities such as hiking, biking, fishing, and camping. The forest is home to a variety of wildlife, including deer, wild turkeys, and a variety of birds. There are also several trails that wind through the woods, offering visitors the chance to explore the area. The forest also has a picnic area and a playground for children.

Independence, Missouri area median rent change by ZIP code map

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How does Independence compare to other cities in Missouri?

citymedian price
O'Fallon$1,850
Webster Groves$1,800
Parkville$1,681
Belton$1,650
Maryland Heights$1,575
Nixa$1,500
Columbia$1,100
Sedalia$970

Average household income in Independence area graph - US Census

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The median household income in Independence in 2021 was $53,996. This represents a 20.4% change from 2011 when the median was $44,847.

#categorypercent
0Less than $10,0006.1%
1$10,000 to $14,9994.2%
2$15,000 to $19,9996.1%
3$20,000 to $24,9995.3%
4$25,000 to $29,9995.8%
5$30,000 to $34,9995.5%
6$35,000 to $39,9995.4%
7$40,000 to $44,9995.8%
8$45,000 to $49,9995.0%
9$50,000 to $59,9998.3%
10$60,000 to $74,99911.6%
11$75,000 to $99,99912.5%
12$100,000 to $124,9997.4%
13$125,000 to $149,9995.2%
14$150,000 to $199,9993.6%
15$200,000 or more2.3%

Neighborhoods in Independence

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Independence is $1,462.
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