Missouri · HUD FY2026 Fair Market Rents · Updated

Rent in Joplin, MO

HUD puts rent for a two-bedroom in Joplin, MO at $947 a month for 2026, and a one-bedroom at $765. Keeping the two-bedroom under 30% of income takes $18.21 an hour full time, or $37,880 a year. The typical household there would spend 21.8% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,153 (up 21.8%).

Rent in Joplin, MO at a glance

2-bedroom rent (HUD)

$947$11,364 a year · HUD fiscal year 2026From October 1, 2026: $1,153 (+21.8%)
Studio$760$15/hr needed
1 bedroom$765$15/hr needed
Wage a 2-bedroom takes$18.21an hour, 40 hours a week
3 bedrooms$1,237$24/hr needed

How much rent can you afford in Joplin, 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$947Monthly market rent
Share of gross income21.8%Recommended max: 30%
Annual income needed$37,880To meet the 30% standard
Max affordable rent$1,302At 30% of $52,097
0%30% (Affordability standard)100%
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Rent in Joplin, 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 Joplin, MO, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$760$9,120$30,400$14.62/hr
1 bedroom$765$9,180$30,600$14.71/hr
2 bedroomsMost searched$947$11,364$37,880$18.21/hr
3 bedrooms$1,237$14,844$49,480$23.79/hr
4 bedrooms$1,285$15,420$51,400$24.71/hr

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

Rent in Joplin, MO: common questions

How much is rent going up in Joplin, MO in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,153 for a two-bedroom, up 21.8% from $947. A one-bedroom goes from $765 to $910, a studio from $760 to $904.

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 Joplin, MO?

HUD's Fair Market Rent for 2026 is $765 for a one-bedroom and $947 for a two-bedroom, utilities included. That is $11,364 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 Joplin, MO?

To keep a $947 two-bedroom at 30% of gross pay, one full-time worker needs $18.21 an hour, or $37,880 a year. A one-bedroom at $765 takes $14.71 an hour.

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

At HUD's 2026 Fair Market Rent: studio $760, one bedroom $765, two $947, three $1,237 and four $1,285 a month.

Is rent affordable in Joplin, MO?

For the typical household, earning $52,097 a year ($4,341 a month, Census ACS), a two-bedroom at $947 takes 21.8% 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: ($947 × 12) ÷ 0.30 = $37,880. Divided by 2,080 working hours, that is $18.21 an hour.