City Report · MO

Raymore

Pop. 24,526·15th most expensive in Missouri·Rents have been falling, good time to negotiate
Median rent (all units)
$1,716/mo
Year-over-Year
-2.3%
Month-over-Month
-1.4%
vs US Median
-$249
Falling (Monthly)
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Most AffordableMost Expensive
Raymore · $1,716
More affordable than 60% of US cities · National median $1,965/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,716/mo
Expected by trend
$1,849/mo
The Rent Reality Score compares today's median rent to where Raymore's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,350
2 BR
$1,540
3 BR
$2,010
4 BR+
$2,380
Research median
$1,540/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: July 20, 2026

Annual cost
$20,592/yr
At $1,716/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.3% YoY, -1.4% MoM), not inventory.
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Demographics

Who lives here

Raymore, MO is majority owner-occupied, has a median income above the national average, 36.2% of residents hold a bachelor's degree or higher.

Population
24,526
Median income
$104,447
Median age
41.1
Renters
21.8%
Age distribution
24.8%
17.8%
24.6%
14.3%
18.5%
Under 1824.8%
18–3417.8%
35–5424.6%
55–6414.3%
65+18.5%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
78.1%
White78.1%
Black8.8%
Hispanic6.9%
Asian1.1%
Other5%
Education (25+)
22.8%
36.5%
36.2%
No HS diploma4.6%
HS diploma22.8%
Some college36.5%
Bachelor's+36.2%
Housing tenure
78.2%
21.8%
Owner78.2%
Renter21.8%

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

2022 vs 2026

How Raymore, MO has changed in 5 years

Rent
$1,489 → $1,716
up 15.2%
Income
$90,362 → $104,447
up 15.6%
Population
22,722 → 24,526
up 7.9%
Renter share
18.9% → 21.8%
+2.9 pts
Bachelor's+
33.8% → 36.2%
+2.4 pts

Across the past five years, the going rent in Raymore, MO has shifted from $1,489 to $1,716, up 15.2% since 2022. Household income in the area moved from $90,362 to $104,447 across the same window, up 15.6% versus 2021. Census counts show Raymore, MO adding about 1,804 residents over the five-year window, up 7.9% on net. The renter share has risen from 18.9% to 21.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 33.8% to 36.2% across the same window. Reading these numbers side by side helps frame whether current listings in Raymore, MO look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Raymore on your salary?

At $1,716/mo, how Raymore rent compares to typical pay (30% rule).

By apartment size

Raymore rent by bedroom count

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

Local insights

Tips for renters in Raymore

About renting in Raymore, MO

Last updated: July 20, 2026

The median rent in Raymore is $1,716/mo as of July 2026. A studio apartment averages $1,230/mo while a 2-bedroom runs $1,540/mo. One-bedroom apartments average $1,350/mo and 3-bedroom units go for $2,010/mo.

At 20% of local median household income ($104,447/yr), Raymore ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.3% over the past year.

FAQ

Frequently asked questions

Is Raymore an affordable city for renters?

Raymore is considered very affordable for renters. At $1,716/mo, rent takes approximately 20% of the local median household income ($104,447/yr). The standard benchmark is 30%. Raymore falls comfortably within that range.

How much income do you need to rent in Raymore?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,716/mo in Raymore. The local median household income is $104,447/yr, meaning the typical Raymore household meets that threshold.

Is rent going up or down in Raymore?

Rent in Raymore has decreased 2.3% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Raymore rent compare to other cities in Missouri?

Raymore is one of the pricier cities in Missouri for rent, ranking #15 out of 74 tracked cities at $1,716/mo.

Which nearby cities are cheaper to rent in than Raymore?

Several nearby cities have lower median rents than Raymore ($1,716/mo): Raytown ($1,392/mo), Grandview ($1,398/mo), Lees Summit ($1,632/mo).

What percentage of Raymore residents rent vs. own?

According to Census data, approximately 21.8% of Raymore households are renters, while 78.2% are owner-occupied. Raymore leans toward homeownership, which can mean a smaller rental inventory.

How does Raymore rent compare to the national average?

Raymore's median rent of $1,716/mo is $249 (13%) below the US national median of $1,965/mo. Within Missouri, it ranks #15 out of 74 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,716/mo, rent takes ~20% of Raymore's median household income ($104,447/yr). The standard benchmark is 30%.

Raymore 20%Benchmark 30%
State income tax2–4.7%
Run the Raymore affordability calculator →
Lowest-rent ZIP codes in Raymore
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Raymore, MO

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