City Report · MO

Raytown

Pop. 29,445·33rd most expensive in Missouri·Rental market data updated monthly for Raytown, MO
Median rent (all units)
$1,484/mo
Year-over-Year
+4.3%
Month-over-Month
+0.1%
vs US Median
-$448
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Raytown · $1,484
More affordable than 76% of US cities · National median $1,932/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

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

Actual rent
$1,484/mo
Expected by trend
$1,501/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
Fair Market Rent (HUD)
$1,215/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,484 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

Cheapest month to sign

February. Asking rents in Raytown usually run 0.8% below trend in February and 0.6% above it in August, about $21 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Raytown is at its highest level since Zillow's records here began in September 2016.

Past year vs. the rest of Missouri

Rent in Raytown changed +4.3% over the year to September 2026. Across the 60 Missouri cities Zillow tracks, the typical change was +4.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Raytown rose 37.6% while median household income rose 30.7% ($52,662 to $68,840). Rent outpaced income.

Since before the pandemic

Rent in Raytown is 49.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($68,840) is $1,721 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,585); a 4-bedroom is $1,875.

Cheaper nearby

Kansas City, KS, 16 miles away, rents for 11% less ($1,322/mo), about $1,900 a year in savings.

From Zillow's monthly rent index (ZORI) for Raytown. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,808/yr
At $1,484/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.3% YoY, +0.1% 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
$1,074 → $1,484
up 38.2%
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 $1,074 a month. That figure now sits near $1,484, up 38.2% 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 $1,484/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: October 17, 2026

The median rent in Raytown is $1,484/mo as of October 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 26% of local median household income ($68,840/yr), Raytown ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

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 $59,000/year (about $28/hour full-time) to afford the median rent of $1,484/mo in Raytown. The local median household income is $68,840/yr, so the typical household meets that bar.

Is rent going up or down in Raytown?

Rent in Raytown has risen 4.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2016.

When is the cheapest time to rent in Raytown?

Asking rents in Raytown are usually lowest in February, about 0.8% below their yearly trend, and highest in August, about 0.6% above it. At today's median that is a gap of roughly $21 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in Raytown?

Yes. From 2019 to 2024, rent in Raytown rose 37.6% while median household income rose 30.7%, from $52,662 to $68,840. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Raytown neighborhoods have the lowest rent?

The most affordable ZIP codes in Raytown are 64133 ($1,269/mo), and 64138 ($1,599/mo). Citywide, the median rent is $1,484/mo.

How does Raytown rent compare to other cities in Missouri?

Raytown is in the middle among Missouri cities for rent, ranking #33 of 76 tracked cities at $1,484/mo. Over the year to September 2026, rent in Raytown changed +4.3%, against a typical +4.4% across the 60 Missouri cities Zillow tracks.

Which nearby cities are cheaper to rent in than Raytown?

Nearby cities with lower median rent than Raytown ($1,484/mo) include Grandview ($1,357/mo), Independence ($1,395/mo), and Kansas City ($1,446/mo).
Income Affordability
26%
AFFORDABLE

At $1,484/mo, rent takes ~26% of Raytown's median household income ($68,840/yr). The standard benchmark is 30%.

Raytown 26%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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