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Rental Market Trends in Columbia, MO

What is the average rent in Columbia, MO?

$1,233/month

Average Rent

733 Sq Ft

Average Apartment Size

+3.7%

Increase in the Last Year

As of March 2026, the average rent in Columbia, MO is $1,233 per month. This is 24% lower than the national average rent of $1,627/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 $1,082 per month for a studio, $1,233 for a one-bedroom apartment, and around $1,240 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,494 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,082/month
518 Sq Ft
One Bedroom
$1,233/month
733 Sq Ft
Two Bedroom
$1,240/month
990 Sq Ft
Three Bedroom
$1,494/month
1,476 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,274/month
1,083 Sq Ft
Three Bedroom
$1,989/month
1,353 Sq Ft
Four Bedroom
$2,264/month
1,821 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,687/month
1,288 Sq Ft
Three Bedroom
$2,039/month
1,690 Sq Ft
Four Bedroom
$1,670/month
1,644 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,394/month
884 Sq Ft
Three Bedroom
$1,656/month
1,381 Sq Ft
Four Bedroom
$1,693/month
1,543 Sq Ft

How much has average rent changed in Columbia, MO?

In the past year, rent has increased by 3.7%, which averages out to $47 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Columbia, MO
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Columbia, MO
Percentage*
Rent Range
10% Below $700/month
25% $700 - $1,000/month
41% $1,001 - $1,500/month
19% $1,501 - $2,000/month
6% 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 Towne South are the most affordable neighborhoods in Columbia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,258/month
864 Sq Ft
Kelly's Ridge
$1,258/month
864 Sq Ft
Towne South
$1,338/month
889 Sq Ft
Downtown Columbia
$1,395/month
706 Sq Ft
Tenth Hitt Elm Locust
$1,395/month
706 Sq Ft
West Ash
$1,397/month
456 Sq Ft

What are the most expensive neighborhoods in Columbia?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West Ash
$1,397/month
456 Sq Ft
Downtown Columbia
$1,395/month
706 Sq Ft
Tenth Hitt Elm Locust
$1,395/month
706 Sq Ft
Towne South
$1,338/month
889 Sq Ft
Broadway Farms
$1,258/month
864 Sq Ft
Kelly's Ridge
$1,258/month
864 Sq Ft

Which Columbia neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,258/month
864 Sq Ft
West Ash
$1,397/month
456 Sq Ft
Kelly's Ridge
$1,258/month
864 Sq Ft
Towne South
$1,338/month
889 Sq Ft
Downtown Columbia
$1,395/month
706 Sq Ft
Tenth Hitt Elm Locust
$1,395/month
706 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 $1,233, you’ll want to make about $4,110 per month or $49,320 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 9.9% lower than the national average. Generally, housing in Columbia is 20.0% less expensive than the national average, with rent falling between $1,082 - $1,494. You can expect to pay 3.1% less for groceries, 6.0% less for utilities, and 10.4% less for transportation.

City

Columbia, MO

1,490 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

West Ash

Columbia, MO

Studio
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-
One Bedroom
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-
Two Bedroom
-
-
Three Bedroom
-
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Search
Search

Apartment communities in Columbia we think you'll love

Broadway Village Apartments

Broadway Village Apartments

36 Broadway Village Dr,
Columbia, MO 65201

$1,250 - $1,400

2 Beds

Springbrook Park Apartments

Springbrook Park Apartments

4005 State Farm Pky,
Columbia, MO 65201

$1,220 - $1,830

Studio - 2 Beds

The Falls of Columbia

The Falls of Columbia

136 E Old Plank Rd,
Columbia, MO 65203

$1,649 - $1,799

3-4 Beds

Campus Lodge

Campus Lodge

2900 Old Highway 63 S,
Columbia, MO 65201

$619

4 Beds

Property Management Companies in Columbia, MO

Garry Lewis Properties
Garry Lewis Properties
  • 14

    Communities

  • 848

    Units

  • 4

    Cities

7 Communities in Columbia
Alexander Forrest Investments, LLC
Alexander Forrest Investments, LLC
  • 100

    Communities

  • 10,613

    Units

  • 67

    Cities

5 Communities in Columbia
Mills Properties
Mills Properties
  • 34

    Communities

  • 9,777

    Units

  • 12

    Cities

5 Communities in Columbia
Vesper Holdings
Vesper Holdings
  • 30

    Communities

  • 7,984

    Units

  • 23

    Cities

3 Communities in Columbia
Winn Companies
Winn Companies
  • 159

    Communities

  • 26,767

    Units

  • 111

    Cities

2 Communities in Columbia
JES Holdings LLC
JES Holdings LLC
  • 25

    Communities

  • 1,538

    Units

  • 23

    Cities

2 Communities in Columbia
The Tailwind Group
The Tailwind Group
  • 23

    Communities

  • 6,959

    Units

  • 18

    Cities

2 Communities in Columbia
Worcester Investments
Worcester Investments
  • 22

    Communities

  • 3,568

    Units

  • 11

    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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity