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RE Intelligence

Rental numbers for Clay County, MO

The typical home here runs -$1,096 a month at 7.78% with 25% down. 0 of 10 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%.

Gross yield
5.8%
typical home, Zillow
Median ZIP yield
6.4%
10 ZIPs with full data
Cash flow
-$1,096/mo
at 7.78%, 25% down
Typical price
$321,000
Zillow ZHVI, Aug 2026
Typical rent
$1,543/mo
Zillow ZORI, Aug 2026

ZIP codes in Clay County

17 with published figures

64161Birmingham$209,000$1,560*9.0%4.5%-$335n/a
64119Kansas City$262,000$1,6897.7%4.0%-$548+5.9%
64117Kansas City$216,000$1,2416.9%3.0%-$615+1.5%
64157Kansas City$431,000$2,4186.7%3.3%-$1,156+7.8%
64116Kansas City$271,000$1,4816.6%2.9%-$816+3.3%
64060Kearney$404,000$2,1986.5%3.3%-$1,056n/a
64155Kansas City$354,000$1,8296.2%2.8%-$1,094+7.0%
64118Gladstone$272,000$1,2605.6%2.0%-$1,008+5.5%
64024Excelsior Springs$249,000$1,090*5.3%1.8%-$958n/a
64156Kansas City$468,000$2,0345.2%2.0%-$1,755n/a
64068Liberty$332,000$1,4305.2%1.8%-$1,285+3.9%
64158Kansas City$388,000$1,4874.6%1.4%-$1,627n/a
64089Smithville$384,000$1,310*4.1%1.1%-$1,710n/a
64165Kansas City$462,000$1,450*3.8%0.8%-$2,176n/a
64166Kansas City$493,000$1,460*3.5%0.9%-$2,273n/a
64048Holt$403,000$1,150*3.4%0.7%-$1,929n/a
64167Kansas City$629,000$1,590*3.0%-0.4%-$3,616n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+2.4%
Rent, 12 months
+4.1%
Rent minus price growth
+1.8 pts
Property tax
1.07%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$259,450$1,183
Aug 2022$291,166$1,290
Aug 2023$301,208$1,344
Aug 2024$307,858$1,432
Aug 2025$314,030$1,482
Aug 2026$321,462$1,543

HUD Fair Market Rent

FY2027, Kansas City, MO-KS HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,257$1,366$1,546$2,020$2,419

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
2.5
252 units, last 12 months
National percentile
30th
among US counties

Tools

Test a listing in Clay County against today's rate.

Open the calculator

Part of the Kansas City, MO metro.

Questions

Is Clay County good for rental property?
The typical home here runs -$1,096 a month at 7.78% with 25% down. 0 of 10 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%. 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 Clay County?
About 1.07% of value, from Census ACS median taxes paid over median home value. On a $321,000 home that is about $3,430 a year.
What is Fair Market Rent in Clay County?
HUD's FY2027 Fair Market Rent here is $1,366 for a 1-bedroom, $1,546 for a 2-bedroom and $2,020 for a 3-bedroom. Typical cash flow at today's rate is -$1,096 a month.

Sources and method

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.