Independence, MO Rental Market Trends
Last updated: October 06, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Independence is $1,187, a 8% increase compared to the previous year, when the average rent was $1,099.
Studio Apartments at $814 offer the most budget-friendly option with 396 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 701 square feet for $1,058, balancing privacy and affordability.
Two-beedroom units at $1,304 offer 964 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,394 sq ft) for $1,350, suitable for larger households.
Average rent in Independence, MO
Last updated: October 06, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,187 | 869 sq. ft. |
| Studio | $814 | 396 sq. ft. |
| 1 Bed | $1,058 | 701 sq. ft. |
| 2 Beds | $1,304 | 964 sq. ft. |
| 3 Beds | $1,350 | 1,394 sq. ft. |
Independence, MO rent trends
Rental prices in Independence, MO have increased by 8% over the past year. The average rent moved from $1,099 to $1,187.
What's the typical rent budget in Independence, MO?
The largest share of rentals in Independence, MO (49%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Independence, MO?
19,839 or 39% of the households in Independence, MO are renter-occupied while 31,086 or 61% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Independence apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.