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Rental Market Trends in Columbia, MO

What is the average rent in Columbia, MO?

$1,238/month

Average Rent

734 Sq Ft

Average Apartment Size

+2.5%

Increase in the Last Year

As of April 2026, the average rent in Columbia, MO is $1,238 per month. This is 25% lower than the national average rent of $1,641/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, $1,238 for a one-bedroom apartment, and around $1,228 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,531 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,000/month
506 Sq Ft
One Bedroom
$1,238/month
734 Sq Ft
Two Bedroom
$1,228/month
990 Sq Ft
Three Bedroom
$1,531/month
1,477 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,270/month
906 Sq Ft
Three Bedroom
$2,034/month
1,384 Sq Ft
Four Bedroom
$2,564/month
1,984 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,149/month
1,516 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,272/month
935 Sq Ft
Three Bedroom
$1,610/month
1,370 Sq Ft
Four Bedroom
$1,673/month
1,510 Sq Ft

How much has average rent changed in Columbia, MO?

In the past year, rent has increased by 2.5%, which averages out to $32 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Columbia, MO
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Columbia, MO
Percentage*
Rent Range
10% Below $700/month
26% $700 - $1,000/month
39% $1,001 - $1,500/month
20% $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, Downtown Columbia and Tenth Hitt Elm Locust are the most affordable neighborhoods in Columbia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,258/month
864 Sq Ft
Downtown Columbia
$1,570/month
592 Sq Ft
Tenth Hitt Elm Locust
$1,570/month
592 Sq Ft

What are the most expensive neighborhoods in Columbia?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Columbia
$1,570/month
592 Sq Ft
Tenth Hitt Elm Locust
$1,570/month
592 Sq Ft
Broadway Farms
$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, Downtown Columbia and Tenth Hitt Elm Locust .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,258/month
864 Sq Ft
Downtown Columbia
$1,570/month
592 Sq Ft
Tenth Hitt Elm Locust
$1,570/month
592 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 $1,238, you’ll want to make about $4,126 per month or $49,512 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 $1,000 - $1,531. You can expect to pay 3.1% less for groceries, 6.0% less for utilities, and 10.4% less for transportation.

City

Columbia, MO

1,478 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
-
$994/month
One Bedroom
-
$2,230/month
Two Bedroom
-
$1,114/month
Three Bedroom
-
$2,261/month
Search
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Apartment communities in Columbia we think you'll love

Springbrook Park Apartments

Springbrook Park Apartments

4005 State Farm Pky,
Columbia, MO 65201

$1,220 - $1,900

Studio - 2 Beds

Broadway Village Apartments

Broadway Village Apartments

36 Broadway Village Dr,
Columbia, MO 65201

$1,175 - $1,340

2 Beds

The Domain at Columbia

The Domain at Columbia

3100 E Stadium Blvd,
Columbia, MO 65201

$754 - $1,299

1-4 Beds

Forest Village

Forest Village

3001 S Providence Rd,
Columbia, MO 65203

$1,040 - $2,956

2 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
  • 90

    Communities

  • 8,888

    Units

  • 60

    Cities

5 Communities in Columbia
Mills Properties
Mills Properties
  • 34

    Communities

  • 9,777

    Units

  • 12

    Cities

5 Communities in Columbia
Vesper Holdings
Vesper Holdings
  • 32

    Communities

  • 8,534

    Units

  • 24

    Cities

3 Communities in Columbia
Winn Companies
Winn Companies
  • 157

    Communities

  • 27,182

    Units

  • 112

    Cities

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

    Communities

  • 1,568

    Units

  • 22

    Cities

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

    Communities

  • 7,115

    Units

  • 18

    Cities

2 Communities in Columbia
Worcester Investments
Worcester Investments
  • 23

    Communities

  • 3,632

    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.

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