What percentage of people rent in Fayette, MO?

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

42.3% (±9.0 points) of the occupied homes in Fayette, MO are rented (2020–2024 American Community Survey).

That is 338 renting households against 461 that own their home.

In Fayette, the share of households that rent went from 26.2% in 2015–2019 to 42.3% in 2020–2024 (+16.1 percentage points), a measurable increase.

Figures last updated on November 12, 2026.

Households that rent: 42.3% (±9.0 points)
Renting households: 338 (±93)
Median renter income: $41,926 (±$4,754)

Who rents and who owns in Fayette

Tenure, estimate (90% margin of error)
	Fayette	Howard County	Missouri	United States
Renter-occupied share	42.3% (±9.0 points)	21.3% (±3.0 points)	31.9% (±0.2 points)	34.8%
Renting households	338 (±93)	764 (±117)	799,814 (±5,177)	45,017,354
Owning households	461 (±72)	2,821 (±134)	1,708,413 (±9,125)	84,210,142
Average renter household size	2.5 (±0.6)	2.4 (±0.3)	2.1 (±0.0)	2.3
Average owner household size	2.8 (±0.3)	2.7 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$41,926 (±$4,754)	$40,994 (±$3,719)	$43,288 (±$509)	$52,966
Median owner household income	$70,625 (±$4,322)	$74,219 (±$5,290)	$87,780 (±$425)	$100,009

In Fayette, the renter share is higher than in Howard County (21.3%).

It is also higher than in Missouri (31.9%).

It is not measurably different from the national figure (34.8%).

In Howard County, Fayette ranks 1 of 5 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 208 of 1,244.

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

How renting 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
Households that rent	26.2% (±6.2 points)	42.3% (±9.0 points)	+16.1 percentage points	Measurable increase
Median gross rent	$758 (±$179)	$947 (±$177)	+24.9%	No measurable change after inflation
Median household income	$46,224 (±$3,068)	$57,679 (±$20,393)	+24.8%	No measurable change after inflation

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.

Households that rent in places near Fayette

Nearest places with a published estimate, compared with Fayette
Place	Distance	Households that rent	Compared with this place
Fayette	—	42.3% (±9.0 points)	—
Armstrong	8.5 mi	13.7% (±9.0 points)	Lower
New Franklin	9.7 mi	32.2% (±7.8 points)	Not measurably different
Glasgow	9.9 mi	18.2% (±8.3 points)	Lower
Franklin	10 mi	17.6% (±19.8 points)	Lower
Harrisburg	12 mi	23.1% (±14.2 points)	Lower
Boonville	13 mi	36.9% (±5.8 points)	Not measurably different
Rocheport	13 mi	37.2% (±15.2 points)	Not measurably different
Higbee	14 mi	27.0% (±14.1 points)	Not measurably different

Nearby places with a measurably lower figure: Armstrong, MO (13.7%), Glasgow, MO (18.2%), Franklin, MO (17.6%).

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

Households that rent across Howard County, place by place

Rank	Place	Households that rent
1	Fayette	42.3% (±9.0 points)
2	New Franklin	32.2% (±7.8 points)
3	Glasgow	18.2% (±8.3 points)
4	Franklin	17.6% (±19.8 points)
5	Armstrong	13.7% (±9.0 points)

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

How many renters are there in Fayette?

Fayette has an estimated 338 (±93) renting households, 42.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Fayette?

In Fayette, the share of households that rent went from 26.2% in 2015–2019 to 42.3% in 2020–2024 (+16.1 percentage points), a measurable increase.

How big are renting households in Fayette?

A renting household in Fayette has 2.5 people on average, against 2.8 in an owned home.

How much do renters earn in Fayette?

The median renting household in Fayette, MO has an income of $41,926 (±$4,754) a year, against $70,625 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.