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 Oak Grove & Beyond
Oak Grove 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
Oak Grove, MO
As of June 2026, Oak Grove's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oak Grove's average rent is 7.8% ($91) higher than the Missouri average of $1,163 and 30.2% ($543) lower than the U.S. average of $1,797.
Average Rent
$1,254
Monthly ChangeMonth Over Month Change
1% ($12)
Yearly ChangeYear Over Year Change
9.3% ($128)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $916 | 6.5% ($56) | 5.3% ($51) |
| 2 Beds | $1,115 | 12.2% ($121) | 5.6% ($66) |
| 3 Beds | $1,348 | 0.7% ($9) | 16.3% ($263) |
| Nearby Cities | Average Rent | Avg. Rent vs. Oak GroveAverage Rent vs. Oak Grove | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Grain Valley | $1,424 | 13.6% ($170) | 35 days |
| Blue Springs | $1,372 | 9.4% ($118) | 23 days |
| Odessa | $818 | 34.8% ($436) | 43 days |
| Lees Summit | $2,321 | 85.1% ($1067) | 34 days |
| Independence | $1,128 | 10% ($126) | 27 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Oak Grove Rental Market FAQs
Explore rental prices, market trends, and availability in Oak Grove, MO.
The average rent in Oak Grove, MO is $1,254 per month.
Houses in Oak Grove typically rent for between $641 and $1,752 per month, with an average of $1,254 per month.
In Oak Grove, the average rent for a 1-bedroom house is $916 per month, for a 2-bedroom house, $1,115 per month, and a 3-bedroom house is $1,348 per month.
The average rent in Oak Grove is 30.2% ($543) lower than the national average of $1,797 per month.
The average rent in Oak Grove has increased by 1.0% ($12) in the last month and decreased by 9.3% ($128) over the past year.
The rental market in Oak Grove, MO, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Oak Grove, MO, the average rental stays on the market for approximately 35 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 5 rental properties available in Oak Grove, MO.
Based on the current averages, a household would need an annual income of $44,600 to comfortably afford a 2-bedroom house in Oak Grove.
