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Rental Market Trends in Columbia, MO

What is the average rent in Columbia, MO?

$1,144/month

Average Rent

721 Sq Ft

Average Apartment Size

+5.7%

Increase in the Last Year

As of June 2025, the average rent in Columbia, MO is $1,144 per month. This is 30% lower than the national average rent of $1,628/month, making renting in Columbia more affordable than most cities in the US. When you rent an apartment in Columbia, you can expect to pay about $1,000 per month for a studio, $1,144 for a one-bedroom apartment, and around $1,144 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,448 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,000/month
518 Sq Ft
One Bedroom
$1,144/month
721 Sq Ft
Two Bedroom
$1,144/month
983 Sq Ft
Three Bedroom
$1,448/month
1,448 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$989/month
689 Sq Ft
Three Bedroom
$2,031/month
1,320 Sq Ft
Four Bedroom
$2,117/month
1,789 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,536/month
1,397 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,135/month
814 Sq Ft
Three Bedroom
$1,536/month
1,277 Sq Ft
Four Bedroom
$1,663/month
1,441 Sq Ft

How much has average rent changed in Columbia, MO?

In the past year, rent has increased by 5.7%, which averages out to $65 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Columbia, MO
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Columbia, MO
Percentage*
Rent Range
12% Below $700/month
25% $700 - $1,000/month
41% $1,001 - $1,500/month
17% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Columbia?

Based on current rent prices, Broadway Farms, Kelly's Ridge and Stephens are the most affordable neighborhoods in Columbia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,191/month
849 Sq Ft
Kelly's Ridge
$1,191/month
849 Sq Ft
Stephens
$1,224/month
604 Sq Ft
Towne South
$1,287/month
894 Sq Ft
West Ash
$1,458/month
456 Sq Ft
North Village
$1,536/month
592 Sq Ft
Downtown Columbia
$1,610/month
613 Sq Ft
Tenth Hitt Elm Locust
$1,610/month
613 Sq Ft

What are the most expensive neighborhoods in Columbia?

Based on current rent prices, Downtown Columbia, Tenth Hitt Elm Locust and North Village are the most expensive neighborhoods in Columbia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Columbia
$1,610/month
613 Sq Ft
Tenth Hitt Elm Locust
$1,610/month
613 Sq Ft
North Village
$1,536/month
592 Sq Ft
West Ash
$1,458/month
456 Sq Ft
Towne South
$1,287/month
894 Sq Ft
Stephens
$1,224/month
604 Sq Ft
Broadway Farms
$1,191/month
849 Sq Ft
Kelly's Ridge
$1,191/month
849 Sq Ft

Which Columbia neighborhoods have the most rentals available?

The neighborhoods in Columbia with the most apartments available are Broadway Farms, Kelly's Ridge and Downtown Columbia .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,191/month
849 Sq Ft
Kelly's Ridge
$1,191/month
849 Sq Ft
Downtown Columbia
$1,610/month
613 Sq Ft
Tenth Hitt Elm Locust
$1,610/month
613 Sq Ft
Stephens
$1,224/month
604 Sq Ft
Towne South
$1,287/month
894 Sq Ft
North Village
$1,536/month
592 Sq Ft
West Ash
$1,458/month
456 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Columbia is $1,144, you’ll want to make about $3,813 per month or $45,756 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 Columbia, MO is 10.0% lower than the national average. Generally, housing in Columbia is 20.3% less expensive than the national average, with rent falling between $1,000 - $1,448. You can expect to pay 3.8% less for groceries, 3.2% less for utilities, and 15.2% less for transportation.

City

Columbia, MO

1,220 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Columbia, 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.

Explore the Area Guide for Columbia, MO

Apartment Averages

Broadway Farms

Columbia, MO

Downtown Columbia

Columbia, MO

Studio
-
$966/month
One Bedroom
-
$2,016/month
Two Bedroom
-
$1,507/month
Three Bedroom
-
$2,488/month
Search
Search

Apartment communities in Columbia we think you'll love

Springbrook Park Apartments

Springbrook Park Apartments

4005 State Farm Pky,
Columbia, MO 65201

Studio - 2 Beds | $1,220 - $1,830

Manor Homes

Manor Homes

1602 Gypsy Moth Dr,
Columbia, MO 65202

3 Beds | $1,280 - $2,000

Four Winds

Four Winds

2200 Aaron Dr,
Columbia, MO 65202

3-4 Beds | $1,250 - $2,248

The Domain at Columbia

The Domain at Columbia

3100 E Stadium Blvd,
Columbia, MO 65201

1-4 Beds | $754 - $2,099

Property Management Companies in Columbia, MO

Garry Lewis Properties
Garry Lewis Properties
  • 13

    Communities

  • 812

    Units

  • 4

    Cities

7 Communities in Columbia
Alexander Forrest Investments, LLC
Alexander Forrest Investments, LLC
  • 77

    Communities

  • 8,776

    Units

  • 52

    Cities

5 Communities in Columbia
Mills Properties
Mills Properties
  • 33

    Communities

  • 9,270

    Units

  • 10

    Cities

5 Communities in Columbia
StoneCreek
StoneCreek
  • 56

    Communities

  • 10,723

    Units

  • 30

    Cities

3 Communities in Columbia
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 146

    Communities

  • 30,411

    Units

  • 85

    Cities

2 Communities in Columbia
Hamilton Point Investments
Hamilton Point Investments
  • 33

    Communities

  • 9,039

    Units

  • 27

    Cities

2 Communities in Columbia
Vesper Holdings
Vesper Holdings
  • 27

    Communities

  • 9,166

    Units

  • 23

    Cities

2 Communities in Columbia
The Tailwind Group
The Tailwind Group
  • 24

    Communities

  • 6,703

    Units

  • 18

    Cities

2 Communities in Columbia

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United States Missouri Columbia 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity