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Rental Market Trends in Columbia, MO

Updated July 2026

The average rent in Columbia, MO is $1,244/month.

Rent in Columbia is 25% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,244/month

Average Rent

736 Sq Ft

Average Size

+1.6%

Change / Year

1,011

Available Apartments

Columbia rent varies by unit size and layout:

  • Studio apartments in Columbia average $1,095 per month.
  • One-bedroom apartments in Columbia average $1,244 per month.
  • Two-bedroom apartments in Columbia average $1,238 per month.
  • Three-bedroom apartments in Columbia average $1,550 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,095/month
506 Sq Ft
One Bedroom
$1,244/month
736 Sq Ft
Two Bedroom
$1,238/month
992 Sq Ft
Three Bedroom
$1,550/month
1,471 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,529/month
958 Sq Ft
Three Bedroom
$2,212/month
1,462 Sq Ft
Four Bedroom
$2,792/month
2,190 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,192/month
1,303 Sq Ft
Three Bedroom
$2,150/month
1,376 Sq Ft
Four Bedroom
$1,795/month
1,079 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,333/month
828 Sq Ft
Three Bedroom
$1,692/month
1,330 Sq Ft
Four Bedroom
$1,708/month
1,494 Sq Ft
View Columbia Apartments

How much has average rent changed in Columbia, MO?

In the past year, rent has increased by 1.6%, which averages out to $21 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Columbia, MO

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Columbia, MO
Percentage*
Rent Range
7% Below $700/month
24% $700 - $1,000/month
40% $1,001 - $1,500/month
24% $1,501 - $2,000/month
6% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Columbia?

Based on current rent prices, Broadway Farms is the most affordable neighborhood in Columbia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,268/month
865 Sq Ft

What are the most expensive neighborhoods in Columbia?

Based on current rent prices, Broadway Farms is the most expensive neighborhood in Columbia.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,268/month
865 Sq Ft

Which Columbia neighborhoods have the most rentals available?

The neighborhood in Columbia with the most apartments available is Broadway Farms .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadway Farms
$1,268/month
865 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 $1,244, you’ll want to make about $4,146 per month or $49,752 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 9.6% lower than the national average. Generally, housing in Columbia is 19.9% less expensive than the national average, with rent falling between $1,095 - $1,550. You can expect to pay 3.2% less for groceries, 6.0% less for utilities, and 11.4% less for transportation.

City

Columbia, MO

1,011 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.

View the Columbia Area Guide

Apartment Averages

Broadway Farms

Columbia, MO

Broadway Farms

Columbia, MO

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

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 - $1,900

Broadway Village Apartments

Broadway Village Apartments

36 Broadway Village Dr,
Columbia, MO 65201

2 Beds | $1,450

Woodlake

Woodlake

2609 Eastwood Dr,
Columbia, MO 65202

2 Beds | $999 - $1,636

The Residences at Old Hawthorne

The Residences at Old Hawthorne

1616 Residence Dr,
Columbia, MO 65201

3 Beds | $2,350 - $2,450

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Frequently Asked Questions

What is the average rent in Columbia?

The average rent in Columbia is $1,244 per month, which is 25.2% lower than the national average of $1,663.

What is the average rent for a house in Columbia?

The average rent for a house in Columbia, MO is $2,212 per month.

What is the average rent for a townhome in Columbia?

The average rent for a townhome in Columbia, MO is $1,333 per month.

Are rents going up or down in Columbia?

Rents in Columbia, MO are increasing, with prices up 1.6% year-over-year and $21 more per month.

What rent range is most common in Columbia?

In Columbia, MO, 40% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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