RentDataNowRentDataNow
City Report · MO

Boonville

Pop. 7,689·75th most expensive in Missouri·One of the most affordable rental markets in the US
Median rent (all units)
$863/mo
Year-over-Year
Stable
Month-over-Month
-1.1%
vs US Median
-$1,102
Falling (Monthly)
Be the first to discuss Boonville rents ↓
Most AffordableMost Expensive
Boonville · $863
More affordable than 99% of US cities · National median $1,965/mo
Affordability
18% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $863/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$35,000/yr
Local median income
$56,429/yr
Based on the 30%-of-income rule using Boonville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$580
1 BR
$650
2 BR
$850
3 BR
$1,060
4 BR+
$1,430
Research median
$850/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: June 22, 2026

Annual cost
$10,356/yr
At $863/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.1% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Boonville, MO is majority owner-occupied, has a median income below the national average, 21.6% of residents hold a bachelor's degree or higher.

Population
7,689
Median income
$56,429
Median age
39.1
Renters
36.9%
Age distribution
21.9%
22%
25.5%
19.9%
Under 1821.9%
18–3422%
35–5425.5%
55–6410.7%
65+19.9%
Gender
54.3%
45.7%
Male54.3%
Female45.7%
Race & ethnicity
83.4%
White83.4%
Black9.2%
Hispanic2.9%
Other4.3%
Education (25+)
12.4%
39.7%
26.2%
21.6%
No HS diploma12.4%
HS diploma39.7%
Some college26.2%
Bachelor's+21.6%
Housing tenure
63.1%
36.9%
Owner63.1%
Renter36.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Boonville, MO has changed in 5 years

Income
$46,227 → $56,429
up 22.1%
Population
8,036 → 7,689
down 4.3%
Renter share
30.3% → 36.9%
+6.6 pts
Bachelor's+
21.6% → 21.6%
+0.0 pts
Median age
37.8 → 39.1
+1.3 yrs

Census figures show median household income at $56,429 today, compared with $46,227 five years earlier. The population has contracted by 4.3% since 2021, moving from about 8,036 residents to roughly 7,689. Renters now make up 36.9% of households, compared with 30.3% five years ago.

Community

Discussions about Boonville

No discussions yet. Start the conversation.

View Boonville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Boonville on your salary?

At $863/mo, how Boonville rent compares to typical pay (30% rule).

By apartment size

Boonville rent by bedroom count

Median rent for each apartment size in Boonville. Click any size for full breakdown.

Local insights

Tips for renters in Boonville

About renting in Boonville, MO

Last updated: June 22, 2026

The median rent in Boonville is $863/mo as of June 2026. A studio apartment averages $580/mo while a 2-bedroom runs $850/mo. One-bedroom apartments average $650/mo and 3-bedroom units go for $1,060/mo.

At 18% of local median household income ($56,429/yr), Boonville ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Boonville an affordable city for renters?

Boonville is considered very affordable for renters. At $863/mo, rent takes approximately 18% of the local median household income ($56,429/yr). The standard benchmark is 30%. Boonville falls comfortably within that range.

How much income do you need to rent in Boonville?

To keep rent at or below 30% of gross income, you would need to earn at least $35,000/year (~$17/hour full-time) to afford the median rent of $863/mo in Boonville. The local median household income is $56,429/yr, meaning the typical Boonville household meets that threshold.

Is rent going up or down in Boonville?

Rent in Boonville has been relatively stable over the past year, with a 0.0% change year over year as of June 2026.

How does Boonville rent compare to other cities in Missouri?

Boonville is one of the more affordable cities in Missouri for rent, ranking #75 out of 78 tracked cities at $863/mo.

What percentage of Boonville residents rent vs. own?

According to Census data, approximately 36.9% of Boonville households are renters, while 63.1% are owner-occupied. Boonville leans toward homeownership, which can mean a smaller rental inventory.

How does Boonville rent compare to the national average?

Boonville's median rent of $863/mo is $1,102 (56%) below the US national median of $1,965/mo. Within Missouri, it ranks #75 out of 78 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $863/mo, rent takes ~18% of Boonville's median household income ($56,429/yr). The standard benchmark is 30%.

Boonville 18%Benchmark 30%
State income tax2–4.7%
Run the Boonville affordability calculator →
Lowest-rent ZIP codes in Boonville
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Boonville, MO

Recent submissions

Be the first to submit your rent for Boonville.

Recent discussions

No discussions yet.