What is the median rent in Fayette, MO?

Name: Median rent in Fayette, MO, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Fayette, MO is $947 (±$177) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 321 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Fayette, the median gross rent went from $758 in 2015–2019 to $947 in 2020–2024 (+24.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $947 (±$177)
Rented homes: 321 (±91)
$2,000 or more: 15.3%
Since 2015–2019: +24.9%

How much rent costs in Fayette

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Fayette	Howard County	Missouri	United States
Less than $500	5.6% (±4.0 points)	16.2%	8.3%	6.3%
$500 to $999	49.2% (±15.5 points)	56.7%	38.8%	20.2%
$1,000 to $1,499	24.3% (±12.9 points)	15.9%	34.6%	28.1%
$1,500 to $1,999	5.6% (±6.0 points)	3.7%	12.3%	21.1%
$2,000 to $2,499	15.3% (±12.8 points)	7.5%	3.7%	12.0%
$2,500 to $2,999	0.0% (±10.3 points)	0.0%	1.0%	5.5%
$3,000 or more	0.0% (±10.3 points)	0.0%	1.2%	6.8%

The most common range is $500 to $999, paid by 49.2% of renting households.

15.3% of rented homes in Fayette cost $2,000 or more a month.

Fayette against Howard County, its state and the nation

Estimate (90% margin of error)
	Fayette	Howard County	Missouri	United States
Median gross rent	$947 (±$177)	$832 (±$76)	$1,033 (±$6)	$1,413
Rented homes paying rent	321 (±91)	653 (±119)	752,105 (±5,422)	42,849,984

In Fayette, median gross rent is not measurably different from Howard County ($832).

It is not measurably different from Missouri ($1,033).

It is lower than the national figure ($1,413).

In Howard County, Fayette ranks 1 of 4 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 254 of 889.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Fayette has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$758 (±$179)	$947 (±$177)	+24.9%	No measurable change after inflation
Households that rent	26.2% (±6.2 points)	42.3% (±9.0 points)	+16.1 percentage points	Measurable increase
Rental vacancy rate	14.4% (±13.1 points)	0.0% (±9.4 points)	−14.4 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Fayette

Nearest places with a published estimate, compared with Fayette
Place	Distance	Median gross rent	Compared with this place
Fayette	—	$947 (±$177)	—
Armstrong	8.5 mi	$913 (±$94)	Not measurably different
New Franklin	9.7 mi	$679 (±$234)	Not measurably different
Glasgow	9.9 mi	$446 (±$327)	Lower
Harrisburg	12 mi	$944 (±$141)	Not measurably different
Boonville	13 mi	$767 (±$105)	Not measurably different
Rocheport	13 mi	$989 (±$107)	Not measurably different
Higbee	14 mi	$709 (±$448)	Not measurably different
Windsor Place	15 mi	$1,000 (±$184)	Not measurably different

Nearby places with a measurably lower figure: Glasgow, MO ($446).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Howard County, place by place

Rank	Place	Median gross rent
1	Fayette	$947 (±$177)
2	Armstrong	$913 (±$94)
3	New Franklin	$679 (±$234)
4	Glasgow	$446 (±$327)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Fayette

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Fayette, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Fayette beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Fayette, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Fayette

What is the average rent in Fayette, MO?

The Census Bureau publishes the median rather than the average: the median gross rent in Fayette is $947 (±$177) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Fayette?

In Fayette, the median gross rent went from $758 in 2015–2019 to $947 in 2020–2024 (+24.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Fayette cost more than $2,000 a month?

15.3% of rented homes in Fayette have a gross rent of $2,000 or more a month, and 5.6% cost less than $500.

Is rent in Fayette higher than in Howard County?

In Fayette, median gross rent is not measurably different from Howard County ($832).

It is not measurably different from Missouri ($1,033).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Fayette city, Missouri (place:23842, in state:29).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.