ZIP Code · MO

ZIP 65806

Part of Springfield, MO

Pop. 13,692·Greene County·130th most expensive ZIP in Missouri

Median rent (all units)

$978/mo

Year-over-Year

+6.1%

Month-over-Month

+0.4%

vs US Median

-$954

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 65806 · $978

More affordable than 98% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$880

1 BR

$890

2 BR

$1,100

3 BR

$1,500

4 BR+

$1,710

Research median

$1,100/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 65806 is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Missouri

Rent in ZIP 65806 changed +6.1% 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 9 of the last 12 months.

What a typical income covers

30% of the median household income ($28,165) is $704 a month. That is less than HUD's Fair Market Rent for a studio ($880).

Rank in Springfield

1st cheapest of 6 ZIP codes in Springfield.

From Zillow's monthly rent index (ZORI) for ZIP 65806. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$11,736/yr

At $978/mo median

Location

CitySpringfield

StateMO

CountyGreene County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.1% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 65806 (Springfield, MO) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 22.5% of residents hold a bachelor's degree or higher.

Population

13,692

Median income

$28,165

Median age

24.5

Renters

87.3%

Age distribution

57.1%

18.2%

Under 188.4%

18–3457.1%

35–5418.2%

55–648.9%

65+7.4%

Gender

54.1%

45.9%

Male54.1%

Female45.9%

Race & ethnicity

76.6%

White76.6%

Black8.3%

Hispanic5.8%

Asian3.4%

Other5.9%

Education (25+)

35.4%

31.3%

22.5%

No HS diploma10.9%

HS diploma35.4%

Some college31.3%

Bachelor's+22.5%

Housing tenure

12.7%

87.3%

Owner12.7%

Renter87.3%

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

2022 vs 2026

How ZIP 65806 in Springfield, MO has changed in 5 years

Rent

$832 → $978

up 17.5%

Income

$23,360 → $28,165

up 20.6%

Population

14,349 → 13,692

down 4.6%

Renter share

87.9% → 87.3%

-0.6 pts

Bachelor's+

19.7% → 22.5%

+2.8 pts

Compared with 2022, rent in ZIP 65806 in Springfield, MO has increased by $146 per month, settling near $978 after starting the period at $832. Median household income grew from $23,360 to $28,165 between 2021 and 2024, a 20.6% shift. Income growth outran rent by about 3.1 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 14,349 to 13,692 between 2021 and 2024, a 4.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.7% to 22.5%. Taken together, the five-year picture in ZIP 65806 in Springfield, MO reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 65806

Last updated: October 17, 2026

ZIP code 65806 covers Springfield, MO. The median rent here is $978/mo as of October 2026. A 1-bedroom rents for a median of $890/mo. A 2-bedroom rents for a median of $1,100/mo.

At 42% of local median household income ($28,165/yr), ZIP 65806 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 65806?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (about $19/hour full-time) to afford the median rent of $978/mo in ZIP 65806. The local median household income is $28,165/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 65806?

Rent in ZIP 65806 has risen 6.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does ZIP 65806 compare to other ZIPs in Missouri?

ZIP 65806 is one of the more affordable among Missouri ZIP codes for rent, ranking #130 of 137 at $978/mo. Over the year to September 2026, rent in ZIP 65806 changed +6.1%, against a typical +4.6% across the 119 Missouri ZIP codes Zillow tracks.