City Report · MO

Glasgow Village

Pop. 5,504·51st most expensive in Missouri·One of the most affordable rental markets in the US
Median rent (all units)
$1,312/mo
Year-over-Year
-1.1%
Month-over-Month
-0.5%
vs US Median
-$620
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Glasgow Village · $1,312
More affordable than 87% of US cities · National median $1,932/mo
Rent Reality Score
77/100
Good value
OverheatedFairGreat value

Rents are 14% below what Glasgow Village's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,312/mo
Expected by trend
$1,519/mo
The Rent Reality Score compares today's median rent to where Glasgow Village's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

2 BR
$1,115
3 BR
$1,232
4 BR+
$1,731
Fair Market Rent (HUD)
$1,115/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,312 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Glasgow Village is 3.1% below its high of $1,354 in March 2026, at $1,312 as of September 2026.

Past year vs. the rest of Missouri

Rent in Glasgow Village changed -1.1% over the year to September 2026. Across the 60 Missouri cities Zillow tracks, the typical change was +4.4%.

Recent direction

Rent has fallen 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($29,530) is $738 a month. That is less than HUD's Fair Market Rent for a studio ($1,115).

Cheaper nearby

Granite City, IL, 5 miles away, rents for 20% less ($1,046/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Glasgow Village. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,744/yr
At $1,312/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.1% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.1% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Glasgow Village, MO is majority renter-occupied, has a large share of families with children, has a median income below the national average, 9.2% of residents hold a bachelor's degree or higher.

Population
5,504
Median income
$29,530
Median age
33
Renters
66.7%
Age distribution
40%
16.6%
27.7%
Under 1840%
18–3416.6%
35–5427.7%
55–649.8%
65+5.8%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
86.2%
White7.1%
Black86.2%
Hispanic5.6%
Other0.9%
Education (25+)
48.7%
30.7%
No HS diploma11.4%
HS diploma48.7%
Some college30.7%
Bachelor's+9.2%
Housing tenure
33.3%
66.7%
Owner33.3%
Renter66.7%

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

2021 vs 2026

How Glasgow Village, MO has changed in 5 years

Income
$34,529 → $29,530
down 14.5%
Population
5,036 → 5,504
up 9.3%
Renter share
61.4% → 66.7%
+5.3 pts
Bachelor's+
7.4% → 9.2%
+1.8 pts
Median age
28.4 → 33
+4.6 yrs

Household income in the area moved from $34,529 to $29,530 across the same window, down 14.5% versus 2021. Headcount in the area went from 5,036 to 5,504 between 2021 and 2024, a 9.3% change. About 66.7% of households rent today, against 61.4% in 2021.

Community

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View Glasgow Village rent history (2015–2026) →
Salary vs rent

Can you afford rent in Glasgow Village on your salary?

At $1,312/mo, how Glasgow Village rent compares to typical pay (30% rule).

By apartment size

Glasgow Village rent by bedroom count

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

Local insights

Tips for renters in Glasgow Village

About renting in Glasgow Village, MO

Last updated: October 17, 2026

The median rent in Glasgow Village is $1,312/mo as of October 2026. a 2-bedroom runs $1,115/mo and 3-bedroom units go for $1,232/mo.

At 53% of local median household income ($29,530/yr), Glasgow Village ranks as expensive compared to the national benchmark of 30%. Rents have decreased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Glasgow Village?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,312/mo in Glasgow Village. The local median household income is $29,530/yr, so the typical household falls short of that bar.

Is rent going up or down in Glasgow Village?

Rent in Glasgow Village has fallen 1.1% over the past year as of September 2026. It sits 3.1% below its high of $1,354 in March 2026.

How does Glasgow Village rent compare to other cities in Missouri?

Glasgow Village is one of the more affordable among Missouri cities for rent, ranking #51 of 76 tracked cities at $1,312/mo. Over the year to September 2026, rent in Glasgow Village changed -1.1%, against a typical +4.4% across the 60 Missouri cities Zillow tracks.

Which nearby cities are cheaper to rent in than Glasgow Village?

Nearby cities with lower median rent than Glasgow Village ($1,312/mo) include Granite City ($1,046/mo), Spanish Lake ($1,249/mo), and Jennings ($1,309/mo).
Income Affordability
53%
EXPENSIVE

At $1,312/mo, rent takes ~53% of Glasgow Village's median household income ($29,530/yr). The standard benchmark is 30%.

Glasgow Village 53%Benchmark 30%
State income tax2–4.7%
Run the Glasgow Village affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Glasgow Village, MO

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