City Report · MO

Chesterfield

Pop. 49,574·13th most expensive in Missouri·Chesterfield rents have dropped 9.2%, currently a renter's market
Median rent (all units)
$1,767/mo
Year-over-Year
-9.2%
Month-over-Month
-1.0%
vs US Median
-$163
Falling (Monthly)
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Most AffordableMost Expensive
Chesterfield · $1,767
More affordable than 56% of US cities · National median $1,930/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,280
1 BR
$1,330
2 BR
$1,640
3 BR
$2,120
4 BR+
$2,440
Research median
$1,640/mo

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

Rent trends

12-month history

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Last updated: May 30, 2026

Annual cost
$21,204/yr
At $1,767/mo median
Market timing
Rents falling
Good time to negotiate or lock in a lease.
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Chesterfield's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,767/mo
Expected by trend
$1,898/mo
The Rent Reality Score compares today's median rent to where Chesterfield's own long-run trajectory projects it should be. See the full rankings →
Demographics

Who lives here

Chesterfield, MO is majority owner-occupied, has a large retiree population, has a median income above the national average, 72.5% of residents hold a bachelor's degree or higher.

Population
49,574
Median income
$133,037
Median age
47.2
Renters
22.4%
Age distribution
21.1%
14.3%
24.7%
14.3%
25.5%
Under 1821.1%
18–3414.3%
35–5424.7%
55–6414.3%
65+25.5%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
74.3%
13.2%
White74.3%
Black3.9%
Hispanic3.3%
Asian13.2%
Other5.3%
Education (25+)
17.2%
72.5%
No HS diploma2%
HS diploma8.3%
Some college17.2%
Bachelor's+72.5%
Housing tenure
77.6%
22.4%
Owner77.6%
Renter22.4%

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

2021 vs 2026

How Chesterfield, MO has changed in 5 years

Rent
$1,419 → $1,767
up 24.5%
Income
$124,551 → $133,037
up 6.8%
Population
49,675 → 49,574
down 0.2%
Renter share
19.5% → 22.4%
+2.9 pts
Bachelor's+
70.4% → 72.5%
+2.1 pts
Median age
46.4 → 47.2
+0.8 yrs

Since 2021, the typical rent in Chesterfield, MO has increased from $1,419 to $1,767, a 24.5% change over five years. Median household income rose from $124,551 to $133,037 between 2021 and 2024, a 6.8% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 22.4% of households, compared with 19.5% five years ago. College-educated residents now make up 72.5% of adults here, versus 70.4% in 2021. Taken together, the five-year picture in Chesterfield, MO reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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

Can you afford rent in Chesterfield on your salary?

At $1,767/mo, how Chesterfield rent compares to typical pay (30% rule).

By apartment size

Chesterfield rent by bedroom count

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

Local insights

Tips for renters in Chesterfield

About renting in Chesterfield, MO

Last updated: May 30, 2026

The median rent in Chesterfield is $1,767/mo as of May 2026. A studio apartment averages $1,280/mo while a 2-bedroom runs $1,640/mo. One-bedroom apartments average $1,330/mo and 3-bedroom units go for $2,120/mo.

At 16% of local median household income ($133,037/yr), Chesterfield ranks as affordable compared to the national benchmark of 30%. Rents have decreased 9.2% over the past year.

FAQ

Frequently asked questions

Is Chesterfield an affordable city for renters?

Chesterfield is considered very affordable for renters. At $1,767/mo, rent takes approximately 16% of the local median household income ($133,037/yr). The standard benchmark is 30%. Chesterfield falls comfortably within that range.

How much income do you need to rent in Chesterfield?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,767/mo in Chesterfield. The local median household income is $133,037/yr, meaning the typical Chesterfield household meets that threshold.

Is rent going up or down in Chesterfield?

Rent in Chesterfield has decreased 9.2% over the past year as of May 2026, offering some relief compared to 12 months ago.

How does Chesterfield rent compare to other cities in Missouri?

Chesterfield is one of the pricier cities in Missouri for rent, ranking #13 out of 80 tracked cities at $1,767/mo.

Which nearby cities are cheaper to rent in than Chesterfield?

Several nearby cities have lower median rents than Chesterfield ($1,767/mo): Maryland Heights ($1,253/mo), Manchester ($1,348/mo), Creve Coeur ($1,415/mo).

What percentage of Chesterfield residents rent vs. own?

According to Census data, approximately 22.4% of Chesterfield households are renters, while 77.6% are owner-occupied. Chesterfield leans toward homeownership, which can mean a smaller rental inventory.

How does Chesterfield rent compare to the national average?

Chesterfield's median rent of $1,767/mo is $163 (8%) below the US national median of $1,930/mo. Within Missouri, it ranks #13 out of 80 tracked cities.
Affordability
16%
VERY AFFORDABLE

At $1,767/mo, rent takes ~16% of Chesterfield's median household income ($133,037/yr). The standard benchmark is 30%.

Chesterfield 16%Benchmark 30%
State income tax2–4.7%
Run the Chesterfield affordability calculator →
Lowest-rent ZIP codes in Chesterfield
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Neighborhoods

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Schools nearby

Public schools near Chesterfield, MO

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