Average Rent in Mississippi County, MO↑ Rents rising 3.4% YoY🔻 4th cheapest in MO
HUD FY2025 · Official government data · Updated annually · Metro pop. 12,079
Market Overview
Mississippi County, MO has rental prices ranging from $615/month to $1,384/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $628/month — 55% below the national average of $1,400/month. With a median household income of $46,258/year, spending $628/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Mississippi County Compares
With an average 2-bedroom rent of $824/month, Mississippi County ranks #91 most expensive of the 94 cities tracked in Missouri — more affordable than 97% of all US cities in our data.
The Mississippi County Rental Market
The Mississippi County, MO area has a population of about 12,079 and 39% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Mississippi County, MO have risen by $27/month (3.4%) over the past year, from $797 to $824. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Mississippi County, MO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $25,120. The local median household income of $46,258 exceeds that threshold by $21,138, making Mississippi County relatively accessible compared to local wages.
Economy & Jobs
Mississippi County, MO has an unemployment rate of 6.2%, 2.3 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Mississippi County, MO Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in MOlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Springfield | $790 | $795 | $998 | $1,372 | — |
| Cooper County | $565 | $628 | $824 | $1,027 | — |
| Howard County | $625 | $695 | $912 | $1,099 | — |
| Columbia | $691 | $862 | $1,007 | $1,360 | — |
| Joplin | $830 | $835 | $1,036 | $1,327 | — |
| Jefferson City | $677 | $681 | $891 | $1,249 | — |
Rent or Buy in Mississippi County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Mississippi County data
Renting appears to be the better financial choice for this scenario.
Living in Mississippi County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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Compare rent & home prices by neighborhood
💵Rent Affordability in Mississippi CountySalary needed to afford rent here
🗺️All Cities in MOSee how Mississippi County ranks statewide
⚖️Compare Mississippi CountySide-by-side rent & cost of living with any city
📋MO Tenant RightsDeposit limits, eviction laws & renters protections