Rental market snapshot for Independence, Missouri

Independence, Missouri Rental Property Market Overview

The average rent for an apartment in Independence is $1,367. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.3% over the past year.

Independence is a city in the U.S. state of Missouri. It is the county seat of Jackson County, and is the principal city of the Independence, Missouri, Metropolitan Statistical Area. Independence is a satellite city of Kansas City, Missouri, and is about 25 miles (40 km) east of downtown. In 2010, it had a total population of 116,830.

Last Updated December 23, 2022

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Average monthly rent graph in Independence Missouri | Cost of Living

  • The most expensive ZIP Code in Independence is 64053 with an average price of $1,695
  • The cheapest ZIP Code in Independence is 64053 with an average price of $575

Independence ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
164053$1,695
264050$1,585
364055$1,525
464055$1,515
564058$1,480
664057$1,470
764057$1,465
864056$1,450
964052$1,395
1064050$1,395

Live near Independence, Missouri's Top Sights and Attractions

Young Park is a beautiful park located in the heart of Independence, Missouri. The park features a large pond, walking trails, a playground, and a picnic area.

Trailhead At Rotary Park is a beautiful park located in Independence, Missouri. The park features a large lake, walking trails, and a playground.

Indep Athletic Complex is a large, modern sports complex that features a variety of athletic facilities, including a football stadium, baseball diamond, track, and soccer field. The complex is also home to a number of restaurants and shops.

Hidden Valley Park is a nature preserve with hiking trails, a playground, and a picnic area. The park is located on the outskirts of Independence, Missouri.

Independence Events Center is a large arena that hosts a variety of events, including concerts, sporting events, and conventions. The arena has a capacity of over 18,000 people and features a variety of amenities, including concessions, restrooms, and a gift shop. The arena is located in Independence, Missouri, and is accessible by car, bus, and train.

Adair Park is a beautiful, historic park located in Independence, Missouri. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond. The park is also home to a variety of events throughout the year, including a Fourth of July celebration and a Halloween festival.

The Little Blue Trace is a 10-mile long scenic trail that runs through Independence, Missouri. The trail is popular with hikers, cyclists, and runners, and offers stunning views of the city.

The Hidden Valley Sports Complex is a multi-purpose sports complex that features a variety of athletic fields, courts, and a playground. The complex is located in Independence, Missouri and is open to the public.

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
Wentzville$2,095
Fenton$1,845
Platte City$1,755
Kansas City$1,465
Peculiar$1,745
Blue Springs$1,575
Greenwood$1,689
Richmond$750
Ferguson Township$1,549

Average household income in Independence area graph - US Census

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The median household income in Independence in 2021 was $50,797. This represents a 15.3% change from 2011 when the median was $44,050.

#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%

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.
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