City Report · MO

Republic

Pop. 19,829·44th most expensive in Missouri·Rents have been falling, good time to negotiate
Median rent (all units)
$1,395/mo
Year-over-Year
-2.8%
Month-over-Month
-3.7%
vs US Median
-$567
Falling (Monthly)
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Most AffordableMost Expensive
Republic · $1,395
More affordable than 82% of US cities · National median $1,962/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,395/mo
Expected by trend
$1,498/mo
The Rent Reality Score compares today's median rent to where Republic's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$920
2 BR
$1,150
3 BR
$1,580
4 BR+
$1,770
Fair Market Rent (HUD)
$1,150/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,395 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: August 17, 2026

Annual cost
$16,740/yr
At $1,395/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.8% YoY, -3.7% MoM), not inventory.
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Demographics

Who lives here

Republic, MO is majority owner-occupied, has a large share of families with children, has a median income below the national average, 26.3% of residents hold a bachelor's degree or higher.

Population
19,829
Median income
$65,729
Median age
33.2
Renters
39.9%
Age distribution
27%
26%
23.6%
15.8%
Under 1827%
18–3426%
35–5423.6%
55–647.6%
65+15.8%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
90.3%
White90.3%
Black0.8%
Hispanic5.4%
Asian0.7%
Other2.7%
Education (25+)
29.3%
40%
26.3%
No HS diploma4.4%
HS diploma29.3%
Some college40%
Bachelor's+26.3%
Housing tenure
60.1%
39.9%
Owner60.1%
Renter39.9%

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

2023 vs 2026

How Republic, MO has changed in 5 years

Rent
$1,427 → $1,395
down 2.2%
Income
$58,972 → $65,729
up 11.5%
Population
18,313 → 19,829
up 8.3%
Renter share
42.9% → 39.9%
-3.0 pts
Bachelor's+
25.3% → 26.3%
+1.0 pts

Since 2023, the typical rent in Republic, MO has declined from $1,427 to $1,395, a 2.2% change over five years. Local incomes tracked alongside that move, going from a median of $58,972 in 2021 to $65,729 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 8.3% since 2021, moving from about 18,313 residents to roughly 19,829. Renters now make up 39.9% of households, compared with 42.9% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Republic, MO market of 2023.

Community

Discussions about Republic

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

Can you afford rent in Republic on your salary?

At $1,395/mo, how Republic rent compares to typical pay (30% rule).

By apartment size

Republic rent by bedroom count

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

Local insights

Tips for renters in Republic

About renting in Republic, MO

Last updated: August 17, 2026

The median rent in Republic is $1,395/mo as of August 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,150/mo. One-bedroom apartments average $920/mo and 3-bedroom units go for $1,580/mo.

At 25% of local median household income ($65,729/yr), Republic ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.8% over the past year.

FAQ

Frequently asked questions

Is Republic an affordable city for renters?

Republic is considered affordable for renters. At $1,395/mo, rent takes approximately 25% of the local median household income ($65,729/yr). The standard benchmark is 30%. Republic falls comfortably within that range.

How much income do you need to rent in Republic?

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 $1,395/mo in Republic. The local median household income is $65,729/yr, meaning the typical Republic household meets that threshold.

Is rent going up or down in Republic?

Rent in Republic has decreased 2.8% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Republic rent compare to other cities in Missouri?

Republic is middle-of-the-pack for Missouri for rent, ranking #44 out of 79 tracked cities at $1,395/mo.

Which nearby cities are cheaper to rent in than Republic?

Springfield is nearby and more affordable at $1,222/mo, which is $173 less than Republic.

What percentage of Republic residents rent vs. own?

According to Census data, approximately 39.9% of Republic households are renters, while 60.1% are owner-occupied. Republic leans toward homeownership, which can mean a smaller rental inventory.

How does Republic rent compare to the national average?

Republic's median rent of $1,395/mo is $567 (29%) below the US national median of $1,962/mo. Within Missouri, it ranks #44 out of 79 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,395/mo, rent takes ~25% of Republic's median household income ($65,729/yr). The standard benchmark is 30%.

Republic 25%Benchmark 30%
State income tax2–4.7%
Run the Republic affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Republic, MO

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