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City Report · MO

Concord

Pop. 18,368·18th most expensive in Missouri·Rental market data updated monthly for Concord, MO
Median rent (all units)
$1,683/mo
Year-over-Year
Stable
Month-over-Month
+11.5%
vs US Median
-$279
Rising (Monthly)
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Most AffordableMost Expensive
Concord · $1,683
More affordable than 63% of US cities · National median $1,962/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,683/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$67,000/yr
Local median income
$89,038/yr
Based on the 30%-of-income rule using Concord's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$960
1 BR
$1,000
2 BR
$1,230
3 BR
$1,590
4 BR+
$1,830
Fair Market Rent (HUD)
$1,230/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,683 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,196/yr
At $1,683/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +11.5% MoM), not inventory.
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Demographics

Who lives here

Concord, MO is majority owner-occupied, has a large retiree population, 42% of residents hold a bachelor's degree or higher.

Population
18,368
Median income
$89,038
Median age
43.5
Renters
14%
Age distribution
20.4%
18.3%
23.4%
14%
24%
Under 1820.4%
18–3418.3%
35–5423.4%
55–6414%
65+24%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
91.5%
White91.5%
Black1.2%
Hispanic0.7%
Asian2%
Other4.7%
Education (25+)
20.9%
33.5%
42%
No HS diploma3.6%
HS diploma20.9%
Some college33.5%
Bachelor's+42%
Housing tenure
86%
14%
Owner86%
Renter14%

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

2021 vs 2026

How Concord, MO has changed in 5 years

Income
$81,468 → $89,038
up 9.3%
Population
18,760 → 18,368
down 2.1%
Renter share
14.1% → 14%
-0.1 pts
Bachelor's+
44.9% → 42%
-2.9 pts
Median age
42.7 → 43.5
+0.8 yrs

Census figures show median household income at $89,038 today, compared with $81,468 five years earlier. Census counts show Concord, MO losing about 392 residents over the five-year window, down 2.1% on net. Bachelor's-degree-or-higher attainment moved from 44.9% to 42% across the same window.

Community

Discussions about Concord

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

Can you afford rent in Concord on your salary?

At $1,683/mo, how Concord rent compares to typical pay (30% rule).

By apartment size

Concord rent by bedroom count

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

Local insights

Tips for renters in Concord

About renting in Concord, MO

Last updated: August 17, 2026

The median rent in Concord is $1,683/mo as of August 2026. A studio apartment averages $960/mo while a 2-bedroom runs $1,230/mo. One-bedroom apartments average $1,000/mo and 3-bedroom units go for $1,590/mo.

At 23% of local median household income ($89,038/yr), Concord ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Concord an affordable city for renters?

Concord is considered very affordable for renters. At $1,683/mo, rent takes approximately 23% of the local median household income ($89,038/yr). The standard benchmark is 30%. Concord falls comfortably within that range.

How much income do you need to rent in Concord?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,683/mo in Concord. The local median household income is $89,038/yr, meaning the typical Concord household meets that threshold.

Is rent going up or down in Concord?

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

How does Concord rent compare to other cities in Missouri?

Concord is one of the pricier cities in Missouri for rent, ranking #18 out of 79 tracked cities at $1,683/mo.

Which nearby cities are cheaper to rent in than Concord?

Several nearby cities have lower median rents than Concord ($1,683/mo): Mehlville ($1,220/mo), Sappington ($1,379/mo), Fenton ($1,555/mo).

What percentage of Concord residents rent vs. own?

According to Census data, approximately 14% of Concord households are renters, while 86% are owner-occupied. Concord leans toward homeownership, which can mean a smaller rental inventory.

How does Concord rent compare to the national average?

Concord's median rent of $1,683/mo is $279 (14%) below the US national median of $1,962/mo. Within Missouri, it ranks #18 out of 79 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,683/mo, rent takes ~23% of Concord's median household income ($89,038/yr). The standard benchmark is 30%.

Concord 23%Benchmark 30%
State income tax2–4.7%
Run the Concord affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Concord, MO

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