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 Sullivan & Beyond
Sullivan 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
Sullivan, MO
As of June 2026, Sullivan's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Sullivan's average rent is 5.2% ($60) lower than the Missouri average of $1,163 and 38.6% ($694) lower than the U.S. average of $1,797.
Average Rent
$1,103
Monthly ChangeMonth Over Month Change
10.4% ($104)
Yearly ChangeYear Over Year Change
35% ($286)
Avg. Days on MarketAverage Days on Market
39
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $907 | 5.5% ($47) | 41.7% ($267) |
| 2 Beds | $1,050 | 1% ($10) | 35.8% ($277) |
| 3 Beds | $1,298 | 8.1% ($115) | 19% ($207) |
| Nearby Cities | Average Rent | Avg. Rent vs. SullivanAverage Rent vs. Sullivan | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Saint Clair | $681 | 38.3% ($422) | 41 days |
| Union | $1,109 | 0.5% ($6) | 42 days |
| Washington | $1,266 | 14.8% ($163) | 45 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Sullivan Rental Market FAQs
Explore rental prices, market trends, and availability in Sullivan, MO.
The average rent in Sullivan, MO is $1,103 per month.
Houses in Sullivan typically rent for between $635 and $1,687 per month, with an average of $1,103 per month.
In Sullivan, the average rent for a 1-bedroom house is $907 per month, for a 2-bedroom house, $1,050 per month, and a 3-bedroom house is $1,298 per month.
The average rent in Sullivan is 38.6% ($694) lower than the national average of $1,797 per month.
The average rent in Sullivan has increased by 10.4% ($104) in the last month and increased by 35.0% ($286) over the past year.
The rental market in Sullivan, MO, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Sullivan, 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.
There are currently 8 rental properties available in Sullivan, MO.
Based on the current averages, a household would need an annual income of $42,000 to comfortably afford a 2-bedroom house in Sullivan.
