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Rental Market Trends in Farmington, MO

Updated September 2026

The average rent in Farmington, MO is $837/month.

Rent in Farmington is 50% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$837/month

Average Rent

658 Sq Ft

Average Size

+5%

Change / Year

59

Available Apartments

Farmington rent varies by unit size and layout:

  • Studio apartments in Farmington average per month.
  • One-bedroom apartments in Farmington average $837 per month.
  • Two-bedroom apartments in Farmington average $1,006 per month.
  • Three-bedroom apartments in Farmington average $1,467 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$837/month
658 Sq Ft
Two Bedroom
$1,006/month
965 Sq Ft
Three Bedroom
$1,467/month
1,301 Sq Ft
View Farmington Apartments

How much has average rent changed in Farmington, MO?

In the past year, rent has increased by 5%, which averages out to $43 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Farmington, MO

September 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 $837, you’ll want to make about $2,790 per month or $33,480 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

59 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.

View the Farmington Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Leadington

    Leadington

    Avg Rent: $850/month

  • Park Hills

    Park Hills

    Avg Rent: $814/month

  • Bonne Terre

    Bonne Terre

    Avg Rent: $719/month

Apartment Communities in Farmington We Think You'll Love

Liberty Pointe

Liberty Pointe

400 Maple Valley Dr,
Farmington, MO 63640

1-2 Beds | $900 - $975

The Avery Apartment Homes

The Avery Apartment Homes

1000 Icon Way,
Farmington, MO 63640

1-3 Beds | $858 - $1,566

Icon Townhomes

Icon Townhomes

100 Roper Loop,
Farmington, MO 63640

2-3 Beds | $1,260 - $1,795

Camden Crest

Camden Crest

1205 W Columbia St,
Farmington, MO 63640

1-2 Beds | $850 - $1,000

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Frequently Asked Questions

What is the average rent in Farmington?

The average rent in Farmington is $837 per month, which is 49.7% lower than the national average of $1,665.

Are rents going up or down in Farmington?

Rents in Farmington, MO are increasing, with prices up 5.0% year-over-year and $43 more per month.

What rent range is most common in Farmington?

In Farmington, MO, 71% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 September 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity