Missouri · HUD FY2026 Fair Market Rents · Updated

Rent in Boone County, MO

HUD puts rent for a two-bedroom in Boone County, MO at $1,160 a month for 2026, and a one-bedroom at $1,011. Keeping the two-bedroom under 30% of income takes $22.31 an hour full time, or $46,400 a year. The typical household there would spend 19.1% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,076 (down 7.2%).

Rent in Boone County, MO at a glance

2-bedroom rent (HUD)

$1,160$13,920 a year · HUD fiscal year 2026From October 1, 2026: $1,076 (−7.2%)
Studio$800$15/hr needed
1 bedroom$1,011$19/hr needed
Wage a 2-bedroom takes$22.31an hour, 40 hours a week
3 bedrooms$1,573$30/hr needed

How much rent can you afford in Boone County, MO?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,160Monthly market rent
Share of gross income19.1%Recommended max: 30%
Annual income needed$46,400To meet the 30% standard
Max affordable rent$1,819At 30% of $72,758
0%30% (Affordability standard)100%
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Rent in Boone County, MO by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Boone County, MO, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$800$9,600$32,000$15.38/hr
1 bedroom$1,011$12,132$40,440$19.44/hr
2 bedroomsMost searched$1,160$13,920$46,400$22.31/hr
3 bedrooms$1,573$18,876$62,920$30.25/hr
4 bedrooms$1,861$22,332$74,440$35.79/hr

Cost of living in Boone County, MO: income, prices and a budget →

Rent in Boone County, MO: common questions

How much is rent going down in Boone County, MO in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,076 for a two-bedroom, down 7.2% from $1,160. A one-bedroom goes from $1,011 to $959, a studio from $800 to $749.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Boone County, MO?

HUD's Fair Market Rent for 2026 is $1,011 for a one-bedroom and $1,160 for a two-bedroom, utilities included. That is $13,920 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Boone County, MO?

To keep a $1,160 two-bedroom at 30% of gross pay, one full-time worker needs $22.31 an hour, or $46,400 a year. A one-bedroom at $1,011 takes $19.44 an hour.

How much is a 1, 2 or 3-bedroom apartment in Boone County, MO?

At HUD's 2026 Fair Market Rent: studio $800, one bedroom $1,011, two $1,160, three $1,573 and four $1,861 a month.

Is rent affordable in Boone County, MO?

For the typical household, earning $72,758 a year ($6,063 a month, Census ACS), a two-bedroom at $1,160 takes 19.1% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,160 × 12) ÷ 0.30 = $46,400. Divided by 2,080 working hours, that is $22.31 an hour.