City Report · MO

Raytown

Pop. 29,445·45th most expensive in Missouri·One of the most affordable rental markets in the US
Median rent (all units)
$1,392/mo
Year-over-Year
+0.2%
Month-over-Month
-1.6%
vs US Median
-$573
Falling (Monthly)
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Most AffordableMost Expensive
Raytown · $1,392
More affordable than 82% of US cities · National median $1,965/mo
Rent Reality Score
61/100
Good value
OverheatedFairGreat value

Rents are 5% below what Raytown's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,392/mo
Expected by trend
$1,470/mo
The Rent Reality Score compares today's median rent to where Raytown's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$970
1 BR
$1,070
2 BR
$1,215
3 BR
$1,585
4 BR+
$1,875
Research median
$1,215/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
$16,704/yr
At $1,392/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.2% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.2% YoY, -1.6% MoM), not inventory.
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Demographics

Who lives here

Raytown, MO is majority owner-occupied, 22% of residents hold a bachelor's degree or higher.

Population
29,445
Median income
$68,840
Median age
40.9
Renters
34.9%
Age distribution
20.8%
21.8%
22.8%
15.7%
18.9%
Under 1820.8%
18–3421.8%
35–5422.8%
55–6415.7%
65+18.9%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
48.2%
36.8%
White48.2%
Black36.8%
Hispanic10.6%
Asian1.2%
Other3.2%
Education (25+)
35.1%
34.8%
22%
No HS diploma8.1%
HS diploma35.1%
Some college34.8%
Bachelor's+22%
Housing tenure
65.1%
34.9%
Owner65.1%
Renter34.9%

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

2021 vs 2026

How Raytown, MO has changed in 5 years

Rent
$1,075 → $1,392
up 29.5%
Income
$59,049 → $68,840
up 16.6%
Population
29,893 → 29,445
down 1.5%
Renter share
39.9% → 34.9%
-5.0 pts
Bachelor's+
21.8% → 22%
+0.2 pts
Median age
41.6 → 40.9
-0.7 yrs

Five years ago, renters in Raytown, MO paid around $1,075 a month. That figure now sits near $1,392, up 29.5% from the 2021 baseline. Census figures show median household income at $68,840 today, compared with $59,049 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Raytown, MO losing about 448 residents over the five-year window, down 1.5% on net. The renter share has eased from 39.9% to 34.9%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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

Can you afford rent in Raytown on your salary?

At $1,392/mo, how Raytown rent compares to typical pay (30% rule).

By apartment size

Raytown rent by bedroom count

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

Local insights

Tips for renters in Raytown

About renting in Raytown, MO

Last updated: July 20, 2026

The median rent in Raytown is $1,392/mo as of July 2026. A studio apartment averages $970/mo while a 2-bedroom runs $1,215/mo. One-bedroom apartments average $1,070/mo and 3-bedroom units go for $1,585/mo.

At 24% of local median household income ($68,840/yr), Raytown ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.2% over the past year.

FAQ

Frequently asked questions

Is Raytown an affordable city for renters?

Raytown is considered very affordable for renters. At $1,392/mo, rent takes approximately 24% of the local median household income ($68,840/yr). The standard benchmark is 30%. Raytown falls comfortably within that range.

How much income do you need to rent in Raytown?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,392/mo in Raytown. The local median household income is $68,840/yr, meaning the typical Raytown household meets that threshold.

Is rent going up or down in Raytown?

Rent in Raytown has been relatively stable over the past year, with a 0.2% change year over year as of July 2026.

Which Raytown neighborhoods have the lowest rent?

The most affordable ZIP codes in Raytown are 64138 ($1,426/mo), and 64133 ($1,427/mo). Citywide, the median rent in Raytown is $1,392/mo.

How does Raytown rent compare to other cities in Missouri?

Raytown is middle-of-the-pack for Missouri for rent, ranking #45 out of 74 tracked cities at $1,392/mo.

Which nearby cities are cheaper to rent in than Raytown?

Several nearby cities have lower median rents than Raytown ($1,392/mo): Sugar Creek ($1,082/mo), Independence ($1,378/mo).

What percentage of Raytown residents rent vs. own?

According to Census data, approximately 34.9% of Raytown households are renters, while 65.1% are owner-occupied. Raytown leans toward homeownership, which can mean a smaller rental inventory.

How does Raytown rent compare to the national average?

Raytown's median rent of $1,392/mo is $573 (29%) below the US national median of $1,965/mo. Within Missouri, it ranks #45 out of 74 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,392/mo, rent takes ~24% of Raytown's median household income ($68,840/yr). The standard benchmark is 30%.

Raytown 24%Benchmark 30%
State income tax2–4.7%
Run the Raytown affordability calculator →
Lowest-rent ZIP codes in Raytown
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Raytown, MO

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