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

Independence, MO

As of August 2025, Independence's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Independence's average rent is 5.6% ($65) lower than the Missouri average of $1,151 and 39.3% ($704) lower than the U.S. average of $1,790.

Average Rent

$1,086

Monthly ChangeMonth Over Month Change

2.4% ($27)

Yearly ChangeYear Over Year Change

9.8% ($118)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$963	0.1% ($1)	8% ($71)
2 Beds	$1,084	1.4% ($15)	6.5% ($66)
3 Beds	$1,432	3% ($44)	3.8% ($57)

Nearby Cities	Average Rent	Avg. Rent vs. IndependenceAverage Rent vs. Independence	Avg. Days on MarketAverage Days on Market
Blue Springs	$1,302	19.9% ($216)	23 days
Kansas City	$1,341	23.5% ($255)	35 days
Liberty	$1,498	37.9% ($412)	28 days
Lees Summit	$1,834	68.9% ($748)	34 days
Grain Valley	$1,437	32.3% ($351)	35 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Independence Rental Market FAQs

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

What is the average rent in Independence, MO?

The average rent in Independence, MO is $1,086 per month.

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

Homes in Independence typically rent for between $674 and $1,862 per month, with an average of $1,086 per month.

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

In Independence, the average rent for a 1-bedroom home is $963 per month, for a 2-bedroom home, $1,084 per month, and a 3-bedroom home is $1,432 per month.

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

The average rent in Independence is 39.3% ($704) lower than the national average of $1,790 per month.

How have rent prices in Independence, MO changed recently?

The average rent in Independence has decreased by 2.4% ($27) in the last month and decreased by 9.8% ($118) over the past year.

How competitive is the rental market in Independence, MO?

The rental market in Independence, 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 Independence, MO?

In Independence, MO, the average rental stays on the market for approximately 27 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 Independence, MO?

There are currently 109 rental properties available in Independence, MO.

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

Based on the current averages, a household would need an annual income of $43,360 to comfortably afford a 2-bedroom home in Independence.