At $866/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $866 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 →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($51,429) is $1,286 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,160); a 4-bedroom is $1,370.
From Zillow's monthly rent index (ZORI) for Fulton. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Fulton, MO is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 21.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Fulton, MO has changed in 5 years
Local incomes tracked alongside that move, going from a median of $51,855 in 2021 to $51,429 more recently. The renter share has risen from 49.6% to 51.8%, with owner-occupied housing accounting for the remainder.
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Can you afford rent in Fulton on your salary?
At $866/mo, how Fulton rent compares to typical pay (30% rule).
Fulton rent by bedroom count
Median rent for each apartment size in Fulton. Click any size for full breakdown.
Tips for renters in Fulton
Last updated: September 25, 2026
The median rent in Fulton is $866/mo as of September 2026. A studio apartment averages $730/mo while a 2-bedroom runs $960/mo. One-bedroom apartments average $730/mo and 3-bedroom units go for $1,160/mo.
At 20% of local median household income ($51,429/yr), Fulton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Fulton?
Is rent going up or down in Fulton?
How does Fulton rent compare to other cities in Missouri?
At $866/mo, rent takes ~20% of Fulton's median household income ($51,429/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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