Missouri, nicknamed the "Show-Me State," is where rich history meets modern-day adventure. From the rolling hills, fertile farmland, and scenic rivers to bustling cities, Missouri offers diverse cultural experiences and breathtaking elegance. See the state's storied past by visiting iconic landmarks like the Missouri History Museum and Mark Twain Boyhood Home & Museum. This place is a haven for students, with highly esteemed universities like the University of Missouri and Missouri State University. Missouri's economy is strong, built on a foundation of industries like agriculture, manufacturing, and technology.

The state offers a diverse range of experiences for outdoor enthusiasts, from breathtaking hikes in the Ozark Mountains to leisurely floats down the Missouri River. The state has a strong sports culture with popular teams such as the Kansas City Chiefs (NFL), St. Louis Blues (NHL), and St. Louis Cardinals (MLB). Take advantage of famous attractions like the Gateway Arch, the Kansas City Zoo, the Katy Trail State Park, and the historic town of Hermann.

Missouri is a great place to live, boasting a friendly and welcoming atmosphere, plenty of job opportunities, and exciting attractions.

Rental Market Trends

Fayette, MO

As of August 2025, Fayette's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Fayette's average rent is 14.2% ($163) lower than the Missouri average of $1,151 and 44.8% ($802) lower than the U.S. average of $1,790.

Average Rent

$988

Monthly ChangeMonth Over Month Change

17.5% ($210)

Yearly ChangeYear Over Year Change

8.3% ($76)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$824	29.5% ($344)	3% ($24)
2 Beds	$969	32.4% ($464)	0.2% ($2)
3 Beds	$1,278	37.7% ($772)	6.4% ($87)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Fayette Rental Market FAQs

Explore rental prices, market trends, and availability in Fayette, MO.

What is the average rent in Fayette, MO?

The average rent in Fayette, MO is $988 per month.

What is the rental price range for homes in Fayette, MO?

Homes in Fayette typically rent for between $600 and $1,661 per month, with an average of $988 per month.

What is the average rent for different bedroom sizes in Fayette, MO?

In Fayette, the average rent for a 1-bedroom home is $824 per month, for a 2-bedroom home, $969 per month, and a 3-bedroom home is $1,278 per month.

How do rent prices in Fayette, MO compare with the national average?

The average rent in Fayette is 44.8% ($802) lower than the national average of $1,790 per month.

How have rent prices in Fayette, MO changed recently?

The average rent in Fayette has decreased by 17.5% ($210) in the last month and increased by 8.3% ($76) over the past year.

How competitive is the rental market in Fayette, MO?

The rental market in Fayette, MO, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Fayette, MO?

In Fayette, MO, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Fayette, MO?

There are currently 3 rental properties available in Fayette, MO.

Can I afford to rent a home in Fayette, MO?

Based on the current averages, a household would need an annual income of $38,760 to comfortably afford a 2-bedroom home in Fayette.