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Rental Market Trends in Farmington, MO

What is the average rent in Farmington, MO?

$808/month

Average Rent

657 Sq Ft

Average Apartment Size

-0.3%

Decrease in the Last Year

As of January 2026, the average rent in Farmington, MO is $808 per month. This is 50% lower than the national average rent of $1,624/month, making renting in Farmington more affordable than most cities in the US. When you rent an apartment in Farmington, you can expect to pay about per month for a studio, $808 for a one-bedroom apartment, and around $967 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,418 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$808/month
657 Sq Ft
Two Bedroom
$967/month
965 Sq Ft
Three Bedroom
$1,418/month
1,301 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Farmington, MO?

In the past year, rent has decreased by 0.3%, which averages out to $2 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Farmington, MO
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Farmington, MO
Percentage*
Rent Range
6% Below $700/month
71% $700 - $1,000/month
24% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Farmington is $808, you’ll want to make about $2,693 per month or $32,316 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.

City

Farmington, MO

134 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Farmington, 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 Farmington, MO

Apartment Averages

Apartment communities in Farmington we think you'll love

Liberty Pointe

Liberty Pointe

400 Maple Valley Dr,
Farmington, MO 63640

$850 - $1,050

1-2 Beds

The Avery Apartment Homes

The Avery Apartment Homes

1000 Icon Way,
Farmington, MO 63640

$854 - $1,915

1-3 Beds

Stonebridge Meadows

Stonebridge Meadows

601 Wallace Rd,
Farmington, MO 63640

$780 - $2,000

1-3 Beds

Camden Crest

Camden Crest

1205 W Columbia St,
Farmington, MO 63640

$850 - $950

1-2 Beds

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United States Missouri Farmington 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity