ZIP 64050
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 64050 usually run 0.7% below trend in February and 0.6% above it in August, about $16 a month apart at today's median. Based on 5 years of data.
Rent in ZIP 64050 is at its highest level since Zillow's records here began in February 2021.
Rent in ZIP 64050 changed +4.9% over the year to September 2026. Across the 119 Missouri ZIP codes Zillow tracks, the typical change was +4.6%.
Rent has risen 9 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($48,834) is $1,221 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,050); a 3-bedroom is $1,370.
3rd cheapest of 6 ZIP codes in Independence.
ZIP 64053, 3 miles away, rents for 15% less ($1,020/mo), about $2,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 64050. 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.
Who lives here
ZIP 64050 (Independence, MO) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 15.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 64050 in Independence, MO has changed in 5 years
Across the past five years, the going rent in ZIP 64050 in Independence, MO has shifted from $848 to $1,201, up 41.6% since 2021. Census figures show median household income at $48,834 today, compared with $42,452 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 64050 in Independence, MO losing about 469 residents over the five-year window, down 2.2% on net. Bachelor's-degree-or-higher attainment moved from 12.4% to 15.8% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 64050
Last updated: October 17, 2026
ZIP code 64050 covers Independence, MO. The median rent here is $1,201/mo as of October 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,050/mo.
At 30% of local median household income ($48,834/yr), ZIP 64050 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.
Frequently asked questions
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How does ZIP 64050 compare to the rest of Independence?
At $1,201/mo, rent takes ~30% of ZIP 64050's median household income ($48,834/yr). The standard benchmark is 30%.
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