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Rental Insights for ZIP Code 64086 (Lees Summit, MO)

Housing Rentals in ZIP Code 64086 (Lees Summit, MO)

64086 ZIP Code in Missouri

A Detailed Housing Rental Snapshot of the ZIP Code 64086

ZIP Code 64086 is principally located in Lees Summit, MO in Jackson County. This Missouri region has an estimated median housing rent of $992 per month. About 23.8% of housing units in this Jackson County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 10.4%.

The median rent in ZIP Code 64086 of $992 per month is 20% higher than the aggregate Missouri median monthly rent of $830, and is 7% lower than the $1,062 the median monthly rent in the U.S. overall. In ZIP Code 64086, approximately 49.3% of residents pay between $500 and $999 per month for rent. That is 12% lower than in Missouri overall, in which 56.1% of total state residents pay between $500 and $999 per month for housing. Just 1.0% of renters in this Lees Summit, MO region pay between $2,500 and $2,999 per month for rent.

ZIP Code 64086 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 64086

See the chart below for a comparison of monthly rental costs in ZIP Code 64086, Missouri, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 64086 along with those in the state of Missouri and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 64086

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 64086 Missouri U.S.
Less than $500 2.3% 12.8% 9.4%
$500 to $999 49.3% 56.1% 36.2%
$1,000 to $1,499 32.9% 24.7% 30.0%
$1,500 to $1,999 8.2% 4.4% 14.0%
$2,000 to $2,499 6.2% 1.2% 5.6%
$2,500 to $2,999 1.0% 0.3% 2.4%
$3,000 or more 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 64086

Renters in ZIP Code 64086 use an estimated 28.01% of their income to cover their monthly rent payments. That is about 2% lower than in Missouri overall. The estimate for Missouri overall is 28.54% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 64086 renters use about 6% less of their income to cover rent expense. Household income figures for ZIP Code 64086 come in higher than in Missouri as a whole. The median annual household income in ZIP Code 64086 of $86,949 sits approximately 57% higher than the overall Missouri median income of $55,461 and approximately 38% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 64086

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 64086, Missouri, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 64086 along with the same calculations in the state of Missouri and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 64086

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 64086 Missouri U.S.
Less than 15.0 percent 13.0% 15.4% 13.1%
15.0 to 19.9 percent 25.5% 14.7% 12.9%
20.0 to 24.9 percent 9.0% 13.3% 12.9%
25.0 to 29.9 percent 5.9% 11.5% 11.6%
30.0 to 34.9 percent 11.6% 8.5% 9.1%
35.0 percent or more 34.9% 36.5% 40.5%

Household Income in ZIP Code 64086

See the table below for the regional comparison of annual household income in ZIP Code 64086.

Income ZIP 64086 Missouri U.S.
Less than $10,000 1.9% 6.2% 6.0%
$10,000 to $14,999 2.6% 4.6% 4.3%
$15,000 to $24,999 3.4% 10.1% 8.9%
$25,000 to $34,999 4.9% 10.2% 8.9%
$35,000 to $49,999 10.0% 14.0% 12.3%
$50,000 to $74,999 18.2% 18.5% 17.2%
$75,000 to $99,999 17.9% 12.7% 12.7%
$100,000 to $149,999 20.7% 13.6% 15.1%
$150,000 to $199,999 11.5% 5.1% 6.8%
$200,000 or more 9.0% 4.8% 7.7%

Household Income in ZIP Code 64086

See the chart below for a comparison of annual household income figures in ZIP Code 64086, Missouri, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 64086 alongside the same figures for the state of Missouri and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 64086

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 64086.

ZIP 64086 Missouri U.S.
Median Housing Rent $992 $830 $1,062
Renter-Occupied Housing Units 23.8% 33.2% 36.0%
Rental Vacancy Rate 10.4% 6.3% 6.0%
Average Size of Renter-Occupied Unit 1.85 2.25 2.49
Average # of Bedrooms Per Unit 3.11 2.77 2.75
Percent of Income Spent on Rent 28.01% 28.54% 29.83%
Per Capita Income $39,314 $30,810 $34,103
Median Household Income $102,500 $76,060 $88,607
Living Below the Poverty Line 2.5% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 64086

In ZIP Code 64086 (Lees Summit, MO), and estimated 23.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 10.4%.

The per capita income in 64086 is estimated at $39,314, which goes along with an estimated median household income of $102,500. About 2.5% of residents in this Jackson County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.85 occupants, while the units have an aggregate average size of 3.11 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.01% of their income on housing rental costs.

Rental FAQs for ZIP Code 64086

1

What is the median monthly rent in ZIP Code 64086?

Median rent for housing in ZIP Code 64086 in Jackson County in Missouri is approximately $992 per month.
2

Is it expensive to rent in ZIP Code 64086?

Rent in ZIP Code 64086 is higher than average in the state of Missouri overall. The median monthly rent of $992 in ZIP Code 64086 is approximately 20% higher than the Missouri median of $830. Additionally, median rent in this Lees Summit, MO region ($992) is about 7% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 64086?

High-priced rentals are not common in the Lees Summit, MO ZIP Code of 64086, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Missouri overall, approximately 0.4% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 64086?

Affordable rentals are less common in ZIP Code 64086 than in Missouri overall. The percentage of housing rentals in ZIP Code 64086 costing $999 or less per month (51.6%) is approximately 25% lower than the Missouri rate of 68.9% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 13% lower than the previously mentioned 64086 rate of 51.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 64086?

The most common range for rental cost in ZIP Code 64086 is between $500 and $999 per month. About 49.3% of renters in 64086 pay in this range for monthly rent. In comparison, approximately 56.1% of renters in the state of Missouri fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 64086 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 64086 is higher than the rental vacancy rate in the state of Missouri overall. Rental vacancy of 10.4% in ZIP Code 64086 is about 65% higher than the Missouri rate of 6.3%. Looking more broadly, rental vacancy in this Lees Summit, MO region (10.4%) is an estimated 73% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 64086? How does it compare to other Missouri regions?

Median household income in ZIP Code 64086 is higher than in the state of Missouri overall. Annual household income of $86,949 in ZIP Code 64086 is about 57% higher than the Missouri median of $55,461. Additionally, median household income in this Lees Summit, MO region ($86,949) is approximately 38% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 64086 spend on housing costs?

Renters in ZIP Code 64086 spend a lower amount of their income on rent costs than do renters in Missouri overall. Renters in ZIP Code 64086 spend an estimated 28.01% of their income on rent payments, which is about 2% lower than the overall Missouri estimated rate of 28.54%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 6% higher than the ZIP Code 64086 estimated rate of 28.01%.
9

Do renters in ZIP Code 64086 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 64086 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 64086 spending 30 percent or more of their income on rent costs (46.5%) is approximately 3% higher than the Missouri rate of 45% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 6% higher than the aforementioned 64086 rate of 46.5%.
10

What is the average household size of renter-occupied units in ZIP Code 64086?

The average household size of renter-occupied units in ZIP Code 64086 is lower than in the state of Missouri overall. Annual household size of 1.85 in ZIP Code 64086 is about 18% lower than the Missouri median of 2.25. Additionally, median household size in this Lees Summit, MO region (1.85) is approximately 26% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Missouri ZIP Codes