ZIP Code · MO

ZIP 63701

Pop. 39,345·Cape Girardeau County·134th most expensive ZIP in Missouri
Median rent (all units)
$931/mo
Year-over-Year
+6.0%
Month-over-Month
+0.1%
vs US Median
-$1,001
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 63701 · $931
More affordable than 99% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$780
1 BR
$820
2 BR
$1,010
3 BR
$1,400
4 BR+
$1,690
Research median
$1,010/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 63701 is at its highest level since Zillow's records here began in November 2022.

Past year vs. the rest of Missouri

Rent in ZIP 63701 changed +6.0% over the year to September 2026. Across the 119 Missouri ZIP codes Zillow tracks, the typical change was +4.6%.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($66,654) is $1,666 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,400); a 4-bedroom is $1,690.

From Zillow's monthly rent index (ZORI) for ZIP 63701. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,172/yr
At $931/mo median
Location
StateMO
CountyCape Girardeau County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.0% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 63701 (Cape Girardeau, MO) is majority owner-occupied, skews toward younger working-age adults, 37.4% of residents hold a bachelor's degree or higher.

Population
39,345
Median income
$66,654
Median age
34.6
Renters
39%
Age distribution
17.6%
32.8%
21.4%
17.6%
Under 1817.6%
18–3432.8%
35–5421.4%
55–6410.7%
65+17.6%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
80.1%
White80.1%
Black10.4%
Hispanic3.8%
Asian2.8%
Other2.9%
Education (25+)
29.3%
26.9%
37.4%
No HS diploma6.3%
HS diploma29.3%
Some college26.9%
Bachelor's+37.4%
Housing tenure
61%
39%
Owner61%
Renter39%

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

2023 vs 2026

How ZIP 63701 in Cape Girardeau, MO has changed in 5 years

Rent
$778 → $931
up 19.7%
Income
$56,303 → $66,654
up 18.4%
Population
38,132 → 39,345
up 3.2%
Renter share
36.5% → 39%
+2.5 pts
Bachelor's+
38.5% → 37.4%
-1.1 pts
Median age
33.9 → 34.6
+0.7 yrs

Compared with 2023, rent in ZIP 63701 in Cape Girardeau, MO has climbed by $153 per month, settling near $931 after starting the period at $778. Household income in the area moved from $56,303 to $66,654 across the same window, up 18.4% versus 2021. Headcount in the area went from 38,132 to 39,345 between 2021 and 2024, a 3.2% change. About 39% of households rent today, against 36.5% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 63701 in Cape Girardeau, MO look reasonable against where the market sat half a decade ago.

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About renting in ZIP 63701

Last updated: October 17, 2026

ZIP code 63701 covers Cape Girardeau, MO. The median rent here is $931/mo as of October 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,010/mo.

At 17% of local median household income ($66,654/yr), ZIP 63701 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 63701?

To keep rent at or below 30% of gross income, you would need to earn at least $37,000/year (about $18/hour full-time) to afford the median rent of $931/mo in ZIP 63701. The local median household income is $66,654/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 63701?

Rent in ZIP 63701 has risen 6.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2022.

How does ZIP 63701 compare to other ZIPs in Missouri?

ZIP 63701 is one of the more affordable among Missouri ZIP codes for rent, ranking #134 of 137 at $931/mo. Over the year to September 2026, rent in ZIP 63701 changed +6.0%, against a typical +4.6% across the 119 Missouri ZIP codes Zillow tracks.

How does ZIP 63701 compare to the rest of Cape Girardeau?

At $931/mo, ZIP 63701 is $13 below the Cape Girardeau citywide median of $944/mo.
Income Affordability
17%
VERY AFFORDABLE

At $931/mo, rent takes ~17% of ZIP 63701's median household income ($66,654/yr). The standard benchmark is 30%.

ZIP 63701 17%Benchmark 30%
State income tax2–4.7%
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Public schools near ZIP 63701 (Cape Girardeau, MO)

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