Zip codes with the fastest growing rent in Missouri

Written by:
March 24, 2021
realtor.com

Zip codes with the fastest growing rent in Missouri

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in Missouri using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

Zip codes with the fastest growing rent in Missouri

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in Missouri using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

#30. 63112 (St. Louis)

- 1 year rent change: +2.5%
--- #17 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +18.5%
- Typical rent: $1,212
--- 3.4% above typical rent in St. Louis, MO metro

- Pictured (for rent): 5539 Pershing Ave, Saint Louis 63112 ($1,700)

#29. 63123 (St. Louis)

- 1 year rent change: +2.6%
--- #16 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +19.2%
- Typical rent: $995
--- 15.1% less than typical rent in St. Louis, MO metro

- Pictured (for rent): 9435 Green Park Gardens Dr, Saint Louis 63123 ($810)

#28. 63104 (St. Louis)

- 1 year rent change: +2.7%
--- #15 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +11.5%
- Typical rent: $1,196
--- 2.0% above typical rent in St. Louis, MO metro

- Pictured (for rent): 1400 Russell Blvd, Saint Louis 63104 ($1,820)

#27. 63122 (St. Louis)

- 1 year rent change: +3.1%
--- #14 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +17.0%
- Typical rent: $1,454
--- 24.1% above typical rent in St. Louis, MO metro

- Pictured (for rent): 1157 Timberbrook Dr, Saint Louis 63122 ($2,049)

#26. 64055 (Independence)

- 1 year rent change: +3.5%
--- #17 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +18.4%
- Typical rent: $1,154
--- 7.1% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 16801 E Larkspur Ln, Independence 64055 ($1,049)

#25. 64052 (Independence)

- 1 year rent change: +3.9%
--- #16 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +22.4%
- Typical rent: $935
--- 24.7% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 525 Stone Arch Dr, Independence 64052 ($900)

#24. 63376 (Saint Peters)

- 1 year rent change: +4.5%
--- #13 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +17.9%
- Typical rent: $1,492
--- 27.3% above typical rent in St. Louis, MO metro

- Pictured (for rent): 100 Turnberry Pl, Saint Peters 63376 ($1,450)

#23. 63143 (St. Louis)

- 1 year rent change: +4.8%
--- #12 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +19.5%
- Typical rent: $1,122
--- 4.3% less than typical rent in St. Louis, MO metro

- Pictured (for rent): 31 Sunnen Dr, Maplewood 63143 ($2,100)

#22. 64111 (Kansas City)

- 1 year rent change: +4.8%
--- #14 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +24.4%
- Typical rent: $1,066
--- 14.2% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 3532-3550 McGee St, Kansas City 64111 ($1,550)

#21. 64015 (Blue Springs)

- 1 year rent change: +5.0%
--- #12 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +16.7%
- Typical rent: $1,460
--- 17.6% above typical rent in Kansas City, MO metro

- Pictured (for rent): 901 SW Clark Rd, Blue Springs 64015 ($1,300)

#20. 64109 (Kansas City)

- 1 year rent change: +5.1%
--- #11 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +27.2%
- Typical rent: $894
--- 28.0% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 520 E Armour Blvd, Kansas City 64109 ($2,250)

#19. 63117 (St. Louis)

- 1 year rent change: +5.8%
--- #11 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +16.8%
- Typical rent: $1,287
--- 9.8% above typical rent in St. Louis, MO metro

- Pictured (for rent): 24 The Blvd, Saint Louis 63117 ($3,400)

#18. 64014 (Blue Springs)

- 1 year rent change: +6.4%
--- #9 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +23.2%
- Typical rent: $1,354
--- 9.0% above typical rent in Kansas City, MO metro

- Pictured (for rent): 8092 SW 5th St, Blue Springs 64014 ($1,505)

#17. 64119 (Kansas City)

- 1 year rent change: +6.5%
--- #8 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +17.6%
- Typical rent: $1,287
--- 3.6% above typical rent in Kansas City, MO metro

- Pictured (for rent): 8111 N Denver Ave, Kansas City 64119 ($1,490)

#16. 63136 (St. Louis)

- 1 year rent change: +6.5%
--- #10 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +18.2%
- Typical rent: $888
--- 24.2% less than typical rent in St. Louis, MO metro

- Pictured (for rent): 2745 Rottingdean Dr, Saint Louis 63136 ($750)

#15. 63121 (St. Louis)

- 1 year rent change: +6.8%
--- #9 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +29.3%
- Typical rent: $878
--- 25.1% less than typical rent in St. Louis, MO metro

- Pictured (for rent): 5303 Lucas Hunt Rd, Saint Louis 63121 ($615)

#14. 63116 (St. Louis)

- 1 year rent change: +6.9%
--- #8 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +21.1%
- Typical rent: $918
--- 21.7% less than typical rent in St. Louis, MO metro

- Pictured (for rent): 3844 Wilmington Ave, Saint Louis 63116 ($1,200)

#13. 63385 (Wentzville)

- 1 year rent change: +7.0%
--- #7 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +17.1%
- Typical rent: $1,503
--- 28.2% above typical rent in St. Louis, MO metro

- Pictured (for rent): 6101 Grand Central Ave, Wentzville 63385 ($1,425)

#12. 63011 (Ballwin)

- 1 year rent change: +7.0%
--- #6 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +14.3%
- Typical rent: $1,748
--- 49.1% above typical rent in St. Louis, MO metro

- Pictured (for rent): 2666 Regal Pine Ct, Wildwood 63011 ($1,157)

#11. 63033 (Florissant)

- 1 year rent change: +7.0%
--- #5 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +20.7%
- Typical rent: $1,301
--- 11.0% above typical rent in St. Louis, MO metro

- Pictured (for rent): 11333 Sugar Pine Dr, Florissant 63033 ($720)

#10. 64133 (Kansas City)

- 1 year rent change: +7.1%
--- #6 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +22.2%
- Typical rent: $1,156
--- 6.9% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 5420 Blue Rdg, Kansas City 64133 ($905)

#9. 64012 (Belton)

- 1 year rent change: +7.4%
--- #5 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +21.3%
- Typical rent: $1,348
--- 8.5% above typical rent in Kansas City, MO metro

- Pictured (for rent): 107 Bernard Dr, Belton 64012 ($3,000)

#8. 64134 (Kansas City)

- 1 year rent change: +7.6%
--- #4 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +22.8%
- Typical rent: $997
--- 19.7% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 10708 E 98thterrace Ter, Kansas City 64134 ($1,145)

#7. 63109 (St. Louis)

- 1 year rent change: +7.7%
--- #4 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +28.1%
- Typical rent: $899
--- 23.3% less than typical rent in St. Louis, MO metro

- Pictured (for rent): 7315 Hampshire Dr, Saint Louis 63109 ($808)

#6. 64030 (Grandview)

- 1 year rent change: +8.5%
--- #3 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +25.8%
- Typical rent: $1,088
--- 12.4% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 6731 E 119th St, Grandview 64030 ($790)

#5. 63139 (St. Louis)

- 1 year rent change: +8.7%
--- #3 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +27.0%
- Typical rent: $997
--- 14.9% less than typical rent in St. Louis, MO metro

- Pictured (for rent): 5927 Suson Pl, Saint Louis 63139 ($895)

#4. 64138 (Kansas City)

- 1 year rent change: +9.1%
--- #2 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +23.8%
- Typical rent: $1,154
--- 7.1% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 7705 Raytown Rd, Kansas City 64138 ($800)

#3. 63031 (Florissant)

- 1 year rent change: +9.2%
--- #2 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +21.7%
- Typical rent: $1,211
--- 3.3% above typical rent in St. Louis, MO metro

- Pictured (for rent): 629 Greenway Manor Dr, Florissant 63031 ($1,132)

#2. 63301 (Saint Charles)

- 1 year rent change: +9.3%
--- #1 fastest growing rent among zip codes in St. Louis, MO metro
- 5 year rent change: +18.2%
- Typical rent: $1,281
--- 9.3% above typical rent in St. Louis, MO metro

- Pictured (for rent): 1300 Sun Lake Dr, Saint Charles 63301 ($923)

#1. 64110 (Kansas City)

- 1 year rent change: +9.3%
--- #1 fastest growing rent among zip codes in Kansas City, MO metro
- 5 year rent change: +30.2%
- Typical rent: $997
--- 19.7% less than typical rent in Kansas City, MO metro

- Pictured (for rent): 1500 E 46th St, Kansas City 64110 ($1,025)

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