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Rental Market Trends in Cape Girardeau, MO

Updated September 2026

The average rent in Cape Girardeau, MO is $646/month.

Rent in Cape Girardeau is 61% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$646/month

Average Rent

498 Sq Ft

Average Size

+5.5%

Change / Year

90

Available Apartments

Cape Girardeau rent varies by unit size and layout:

  • Studio apartments in Cape Girardeau average $661 per month.
  • One-bedroom apartments in Cape Girardeau average $646 per month.
  • Two-bedroom apartments in Cape Girardeau average $884 per month.
  • Three-bedroom apartments in Cape Girardeau average $1,280 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$661/month
491 Sq Ft
One Bedroom
$646/month
498 Sq Ft
Two Bedroom
$884/month
941 Sq Ft
Three Bedroom
$1,280/month
1,237 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,516/month
821 Sq Ft
Three Bedroom
$1,480/month
1,075 Sq Ft
Four Bedroom
$1,983/month
1,878 Sq Ft
View Cape Girardeau Apartments

How much has average rent changed in Cape Girardeau, MO?

In the past year, rent has increased by 5.5%, which averages out to $36 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Cape Girardeau, MO

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Cape Girardeau, MO
Percentage*
Rent Range
33% Below $700/month
44% $700 - $1,000/month
11% $1,001 - $1,500/month
11% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Cape Girardeau, MO?

Because the average rent in Cape Girardeau is $646, you’ll want to make about $2,153 per month or $25,836 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Cape Girardeau, MO is 5.4% lower than the national average. Generally, housing in Cape Girardeau is 18.2% less expensive than the national average, with rent falling between $646 - $1,280. You can expect to pay 5.2% more for groceries, 4.6% less for utilities, and 7.4% more for transportation.

City

Cape Girardeau, MO

90 Available Apartments for Rent

Search for Nearby Apartments

How does Cape Girardeau, MO compare to other nearby cities and neighborhoods?

Use the tool below to compare Cape Girardeau, MO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Cape Girardeau Area Guide

Apartment Averages

Apartment Communities in Cape Girardeau We Think You'll Love

The District at Cape

The District at Cape

630 S Spring St,
Cape Girardeau, MO 63703

1-3 Beds | $776 - $1,839

Cape Trails

Cape Trails

1710 N Sprigg St,
Cape Girardeau, MO 63701

2-4 Beds | $510 - $698

3015 Hawthorne Rd

3015 Hawthorne Rd

3015 Hawthorne Rd,
Cape Girardeau, MO 63701

3 Beds | $2,495

2015 Walden Pond Way

2015 Walden Pond Way

2015 Walden Pond Way,
Cape Girardeau, MO 63701

2 Beds | $1,525

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Frequently Asked Questions

What is the average rent in Cape Girardeau?

The average rent in Cape Girardeau is $646 per month, which is 61.2% lower than the national average of $1,665.

What is the average rent for a house in Cape Girardeau?

The average rent for a house in Cape Girardeau, MO is $1,480 per month.

Are rents going up or down in Cape Girardeau?

Rents in Cape Girardeau, MO are increasing, with prices up 5.5% year-over-year and $36 more per month.

What rent range is most common in Cape Girardeau?

In Cape Girardeau, MO, 44% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Missouri Cape Girardeau Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity