City Report · MO

Fenton

Pop. 4,088·28th most expensive in Missouri·Fenton rents are up 14.5% over the past year
Median rent (all units)
$1,555/mo
Year-over-Year
+14.5%
Month-over-Month
-0.6%
vs US Median
-$407
Falling (Monthly)
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Most AffordableMost Expensive
Fenton · $1,555
More affordable than 72% of US cities · National median $1,962/mo
Affordability
18% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,555/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$62,000/yr
Local median income
$101,000/yr
Based on the 30%-of-income rule using Fenton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$980
2 BR
$1,210
3 BR
$1,560
4 BR+
$1,800
Fair Market Rent (HUD)
$1,210/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,555 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
$18,660/yr
At $1,555/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 14.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+14.5% YoY, -0.6% MoM), not inventory.
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Demographics

Who lives here

Fenton, MO is majority owner-occupied, has a large retiree population, has a median income above the national average, 49.3% of residents hold a bachelor's degree or higher.

Population
4,088
Median income
$101,000
Median age
48
Renters
17.4%
Age distribution
18.8%
20%
22.8%
15.2%
23.2%
Under 1818.8%
18–3420%
35–5422.8%
55–6415.2%
65+23.2%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
87.4%
White87.4%
Hispanic2.4%
Asian2%
Other8%
Education (25+)
20.7%
26.7%
49.3%
No HS diploma3.3%
HS diploma20.7%
Some college26.7%
Bachelor's+49.3%
Housing tenure
82.6%
17.4%
Owner82.6%
Renter17.4%

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

2021 vs 2026

How Fenton, MO has changed in 5 years

Income
$97,356 → $101,000
up 3.7%
Population
4,000 → 4,088
up 2.2%
Renter share
9.5% → 17.4%
+7.9 pts
Bachelor's+
43% → 49.3%
+6.3 pts
Median age
49.6 → 48
-1.6 yrs

On the earnings side, the typical household in Fenton, MO now reports about $101,000, up from $97,356 in 2021. Headcount in the area went from 4,000 to 4,088 between 2021 and 2024, a 2.2% change. About 17.4% of households rent today, against 9.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 43% to 49.3%.

Community

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

Can you afford rent in Fenton on your salary?

At $1,555/mo, how Fenton rent compares to typical pay (30% rule).

By apartment size

Fenton rent by bedroom count

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

Local insights

Tips for renters in Fenton

About renting in Fenton, MO

Last updated: August 17, 2026

The median rent in Fenton is $1,555/mo as of August 2026. A studio apartment averages $950/mo while a 2-bedroom runs $1,210/mo. One-bedroom apartments average $980/mo and 3-bedroom units go for $1,560/mo.

At 18% of local median household income ($101,000/yr), Fenton ranks as affordable compared to the national benchmark of 30%. Rents have increased 14.5% over the past year.

FAQ

Frequently asked questions

Is Fenton an affordable city for renters?

Fenton is considered very affordable for renters. At $1,555/mo, rent takes approximately 18% of the local median household income ($101,000/yr). The standard benchmark is 30%. Fenton falls comfortably within that range.

How much income do you need to rent in Fenton?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,555/mo in Fenton. The local median household income is $101,000/yr, meaning the typical Fenton household meets that threshold.

Is rent going up or down in Fenton?

Rent in Fenton has increased 14.5% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Fenton rent compare to other cities in Missouri?

Fenton is middle-of-the-pack for Missouri for rent, ranking #28 out of 79 tracked cities at $1,555/mo.

Which nearby cities are cheaper to rent in than Fenton?

Several nearby cities have lower median rents than Fenton ($1,555/mo): Sappington ($1,379/mo), Valley Park ($1,494/mo).

What percentage of Fenton residents rent vs. own?

According to Census data, approximately 17.4% of Fenton households are renters, while 82.6% are owner-occupied. Fenton leans toward homeownership, which can mean a smaller rental inventory.

How does Fenton rent compare to the national average?

Fenton's median rent of $1,555/mo is $407 (21%) below the US national median of $1,962/mo. Within Missouri, it ranks #28 out of 79 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $1,555/mo, rent takes ~18% of Fenton's median household income ($101,000/yr). The standard benchmark is 30%.

Fenton 18%Benchmark 30%
State income tax2–4.7%
Run the Fenton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fenton, MO

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