City Report · MO

Raymore

Pop. 24,526·13th most expensive in Missouri·Raymore rents are up 7.1% over the past year
Median rent (all units)
$1,737/mo
Year-over-Year
+7.1%
Month-over-Month
+1.8%
vs US Median
-$195
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Raymore · $1,737
More affordable than 58% of US cities · National median $1,932/mo
Rent Reality Score
49/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Raymore's 10-year trend predicts.

Actual rent
$1,737/mo
Expected by trend
$1,728/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
Fair Market Rent (HUD)
$1,540/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,737 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 Raymore is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Missouri

Rent in Raymore changed +7.1% over the year to September 2026. Across the 60 Missouri cities Zillow tracks, the typical change was +4.4%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($104,447) is $2,611 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,380).

Cheaper nearby

Grandview, 7 miles away, rents for 22% less ($1,357/mo), about $4,600 a year in savings.

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

Annual cost
$20,844/yr
At $1,737/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.1% YoY, +1.8% 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
$1,366 → $1,737
up 27.2%
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 $1,366 to $1,737, up 27.2% since 2022. Household income in the area moved from $90,362 to $104,447 across the same window, up 15.6% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 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 $1,737/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: October 17, 2026

The median rent in Raymore is $1,737/mo as of October 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 increased 7.1% over the past year.

FAQ

Frequently asked questions

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 (about $33/hour full-time) to afford the median rent of $1,737/mo in Raymore. The local median household income is $104,447/yr, so the typical household meets that bar.

Is rent going up or down in Raymore?

Rent in Raymore has risen 7.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does Raymore rent compare to other cities in Missouri?

Raymore is one of the pricier among Missouri cities for rent, ranking #13 of 76 tracked cities at $1,737/mo. Over the year to September 2026, rent in Raymore changed +7.1%, against a typical +4.4% across the 60 Missouri cities Zillow tracks.

Which nearby cities are cheaper to rent in than Raymore?

Nearby cities with lower median rent than Raymore ($1,737/mo) include Grandview ($1,357/mo), Raytown ($1,484/mo), and Lees Summit ($1,614/mo).
Income Affordability
20%
VERY AFFORDABLE

At $1,737/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 →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Raymore, MO

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