ZIP Code · MO

ZIP 64050

Pop. 21,079·Jackson County·101st most expensive ZIP in Missouri
Median rent (all units)
$1,256/mo
Year-over-Year
+7.9%
Month-over-Month
+0.6%
vs US Median
-$709
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 64050 · $1,256
More affordable than 89% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$850
1 BR
$930
2 BR
$1,050
3 BR
$1,370
4 BR+
$1,630
Research median
$1,050/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
$15,072/yr
At $1,256/mo median
Location
StateMO
CountyJackson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.9% YoY, +0.6% MoM), not inventory.
Demographics

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.

Population
21,079
Median income
$48,834
Median age
42.6
Renters
52.7%
Age distribution
19.6%
21.6%
24%
14.4%
20.4%
Under 1819.6%
18–3421.6%
35–5424%
55–6414.4%
65+20.4%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
74.7%
12.8%
White74.7%
Black7.2%
Hispanic12.8%
Asian1.2%
Other4.1%
Education (25+)
13.1%
38.7%
32.5%
15.8%
No HS diploma13.1%
HS diploma38.7%
Some college32.5%
Bachelor's+15.8%
Housing tenure
47.3%
52.7%
Owner47.3%
Renter52.7%

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

2021 vs 2026

How ZIP 64050 in Independence, MO has changed in 5 years

Rent
$878 → $1,256
up 43.1%
Income
$42,452 → $48,834
up 15.0%
Population
21,548 → 21,079
down 2.2%
Renter share
52.3% → 52.7%
+0.4 pts
Bachelor's+
12.4% → 15.8%
+3.4 pts
Median age
39.9 → 42.6
+2.7 yrs

Across the past five years, the going rent in ZIP 64050 in Independence, MO has shifted from $878 to $1,256, up 43.1% 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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Local insights

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About renting in ZIP 64050

Last updated: July 20, 2026

ZIP code 64050 covers Independence, MO. The median rent here is $1,256/mo as of July 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,050/mo.

At 31% of local median household income ($48,834/yr), ZIP 64050 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 64050?

As of July 20, 2026, the median monthly rent in ZIP 64050 (Independence, MO) is $1,256. This is based on aggregated data from public sources and community submissions.

How does ZIP 64050 rent compare to the US average?

ZIP 64050's median rent of $1,256/mo is $709 (36%) below the US national median of $1,965/mo.

How does ZIP 64050 compare to other ZIPs in Missouri?

ZIP 64050 is among the more affordable ZIP codes in Missouri, ranking #101 out of 136 ZIPs at $1,256/mo.

How much income do you need to rent in ZIP 64050?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,256/mo in ZIP 64050. The local median household income is $48,834/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 64050?

Rent in ZIP 64050 has increased 7.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 64050 an affordable place to rent?

ZIP 64050 is considered moderate for renters. At $1,256/mo, rent takes approximately 31% of the local median household income ($48,834/yr). The standard benchmark is 30%. ZIP 64050 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 64050 residents rent vs. own?

According to Census data, approximately 52.7% of ZIP 64050 households are renters, while 47.3% are owner-occupied. With a majority renter population, ZIP 64050 has a strong rental market.

How does ZIP 64050 compare to the rest of Independence?

ZIP 64050 is more affordable than Independence overall. At $1,256/mo, it's $122 below the Independence citywide median of $1,378/mo.

When was rent data for ZIP 64050 last updated?

Rent data for ZIP 64050 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,256/mo, rent takes ~31% of ZIP 64050's median household income ($48,834/yr). The standard benchmark is 30%.

ZIP 64050 31%Benchmark 30%
State income tax2–4.7%
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Schools nearby

Public schools near ZIP 64050 (Independence, MO)

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