Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Lees Summit & Beyond
Lees Summit shares many of the great qualities that make Missouri a desirable place to live.
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
Lees Summit, MO
As of June 2026, Lees Summit's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lees Summit's average rent is 99.6% ($1,158) higher than the Missouri average of $1,163 and 29.2% ($524) higher than the U.S. average of $1,797.
Average Rent
$2,321
Monthly ChangeMonth Over Month Change
2.7% ($64)
Yearly ChangeYear Over Year Change
35.8% ($612)
Avg. Days on MarketAverage Days on Market
34
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,805 | 1.8% ($34) | 96.8% ($888) |
| 2 Beds | $2,163 | 3.7% ($83) | 78.2% ($949) |
| 3 Beds | $3,016 | 1.1% ($35) | 63.6% ($1173) |
| Nearby Cities | Average Rent | Avg. Rent vs. Lees SummitAverage Rent vs. Lees Summit | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Blue Springs | $1,372 | 40.9% ($949) | 23 days |
| Grandview | $868 | 62.6% ($1453) | 28 days |
| Raymore | $1,583 | 31.8% ($738) | 30 days |
| Grain Valley | $1,424 | 38.6% ($897) | 35 days |
| Pleasant Hill | $1,550 | 33.2% ($771) | 30 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lees Summit Rental Market FAQs
Explore rental prices, market trends, and availability in Lees Summit, MO.
The average rent in Lees Summit, MO is $2,321 per month.
Homes in Lees Summit typically rent for between $1,264 and $3,921 per month, with an average of $2,321 per month.
In Lees Summit, the average rent for a 1-bedroom home is $1,805 per month, for a 2-bedroom home, $2,163 per month, and a 3-bedroom home is $3,016 per month.
The average rent in Lees Summit is 29.2% ($524) higher than the national average of $1,797 per month.
The average rent in Lees Summit has decreased by 2.7% ($64) in the last month and increased by 35.8% ($612) over the past year.
The rental market in Lees Summit, MO, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lees Summit, MO, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 38 rental properties available in Lees Summit, MO.
Based on the current averages, a household would need an annual income of $86,520 to comfortably afford a 2-bedroom home in Lees Summit.
