Rental numbers for Boone County, MO
The typical home here runs -$1,192 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.7%.
- Gross yield
- 5.2%
- typical home, Zillow
- Median ZIP yield
- 5.7%
- 3 ZIPs with full data
- Cash flow
- -$1,192/mo
- at 7.78%, 25% down
- Typical price
- $331,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,445/mo
- Zillow ZORI, Aug 2026
ZIP codes in Boone County
11 with published figures
| 65202Columbia | $280,000 | $1,364 | 5.9% | 2.6% | -$908 | +5.8% |
| 65201Columbia | $340,000 | $1,611 | 5.7% | 2.5% | -$1,128 | +6.6% |
| 65203Columbia | $375,000 | $1,322 | 4.2% | 1.4% | -$1,593 | +4.9% |
| 65010Ashland | $368,000 | $1,290* | 4.2% | 1.4% | -$1,562 | n/a |
| 65240Centralia | $282,000 | $910* | 3.9% | 0.9% | -$1,301 | n/a |
| 65256Harrisburg | $394,000 | $1,150* | 3.5% | 0.9% | -$1,839 | n/a |
| 65255Hallsville | $362,000 | $1,030* | 3.4% | 0.8% | -$1,720 | n/a |
| 65279Rocheport | $436,000 | $1,240* | 3.4% | 0.8% | -$2,049 | n/a |
| 65284Sturgeon | $356,000 | $990* | 3.3% | 0.7% | -$1,707 | n/a |
| 65243Sturgeon | $395,000 | $910* | 2.8% | 0.2% | -$2,056 | n/a |
| 65039Hartsburg | $438,000 | $910* | 2.5% | 0.2% | -$2,302 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.7%
- Rent, 12 months
- +5.6%
- Rent minus price growth
- +2.9 pts
- Property tax
- 0.85%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $256,575 | $991 |
| Aug 2022 | $292,939 | $1,108 |
| Aug 2023 | $301,563 | $1,203 |
| Aug 2024 | $310,351 | $1,307 |
| Aug 2025 | $322,548 | $1,368 |
| Aug 2026 | $331,236 | $1,445 |
HUD Fair Market Rent
FY2027, Columbia, MO HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $749 | $959 | $1,076 | $1,459 | $1,676 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 12.9
- 989 units, last 12 months
- National percentile
- 79th
- among US counties
Tools
Test a listing in Boone County against today's rate.
Open the calculatorPart of the Columbia, MO metro.
Questions
- Is Boone County good for rental property?
- The typical home here runs -$1,192 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Boone County?
- About 0.85% of value, from Census ACS median taxes paid over median home value. On a $331,000 home that is about $2,825 a year.
- What is Fair Market Rent in Boone County?
- HUD's FY2027 Fair Market Rent here is $959 for a 1-bedroom, $1,076 for a 2-bedroom and $1,459 for a 3-bedroom. Typical cash flow at today's rate is -$1,192 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.