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Rental Market Trends in Farmington, MO

What is the average rent in Farmington, MO?

$803/month

Average Rent

665 Sq Ft

Average Apartment Size

+5.6%

Increase in the Last Year

As of June 2025, the average rent in Farmington, MO is $803 per month. This is 51% lower than the national average rent of $1,627/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, $803 for a one-bedroom apartment, and around $953 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,464 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$803/month
665 Sq Ft
Two Bedroom
$953/month
964 Sq Ft
Three Bedroom
$1,464/month
1,300 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 increased by 5.6%, which averages out to $45 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 Farmington, MO
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Farmington, MO
Percentage*
Rent Range
12% Below $700/month
65% $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 $803, you’ll want to make about $2,676 per month or $32,112 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

176 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

1-2 Beds | $775 - $1,050

The Avery Apartment Homes

The Avery Apartment Homes

1000 Icon Way,
Farmington, MO 63640

1-3 Beds | $883 - $2,060

Stonebridge Meadows

Stonebridge Meadows

601 Wallace Rd,
Farmington, MO 63640

1-2 Beds | $780 - $1,000

Icon Townhomes

Icon Townhomes

100 Roper Loop,
Farmington, MO 63640

2-3 Beds | $1,245 - $1,845

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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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity