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Rental Insights for ZIP Code 64111 (Kansas City, MO)

Housing Rentals in ZIP Code 64111 (Kansas City, MO)

64111 ZIP Code in Missouri

A Detailed Housing Rental Snapshot of the ZIP Code 64111

ZIP Code 64111 is principally located in Kansas City, MO in Jackson County. This Missouri region has an estimated median housing rent of $923 per month. Approximately 72.0% of housing units in this Jackson County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 1.9%.

The median rent in ZIP Code 64111 of $923 per month is 11% higher than the aggregate Missouri median monthly rent of $830, and is 13% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 54.6% of renters in ZIP Code 64111 pay between $500 and $999 per month for housing. That is 3% lower than in Missouri overall, in which 56.1% of total state residents pay between $500 and $999 per month for housing. Just 0.3% of renters in ZIP Code 64111 pay $3,000 or more for monthly rent.

ZIP Code 64111 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 64111

See the chart below for a comparison of monthly rental costs in ZIP Code 64111, Missouri, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 64111 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 64111

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

Cost ZIP 64111 Missouri U.S.
Less than $500 5.2% 12.8% 9.4%
$500 to $999 54.6% 56.1% 36.2%
$1,000 to $1,499 31.7% 24.7% 30.0%
$1,500 to $1,999 6.2% 4.4% 14.0%
$2,000 to $2,499 0.6% 1.2% 5.6%
$2,500 to $2,999 1.4% 0.3% 2.4%
$3,000 or more 0.3% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 64111

Renters in ZIP Code 64111 use an estimated 26.67% of their income to cover their monthly rent payments. That is about 7% 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 64111 renters use about 11% less of their income to cover rent expense. Household income figures for ZIP Code 64111 come in lower than in Missouri as a whole. The median annual household income in ZIP Code 64111 of $51,413 sits approximately 7% lower than the overall Missouri median income of $55,461 and approximately 18% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 64111

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 64111, 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 64111 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 64111

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

Rent Cost as % of Income ZIP 64111 Missouri U.S.
Less than 15.0 percent 12.2% 15.4% 13.1%
15.0 to 19.9 percent 23.4% 14.7% 12.9%
20.0 to 24.9 percent 16.7% 13.3% 12.9%
25.0 to 29.9 percent 12.0% 11.5% 11.6%
30.0 to 34.9 percent 8.3% 8.5% 9.1%
35.0 percent or more 27.3% 36.5% 40.5%

Household Income in ZIP Code 64111

See the table below for the regional comparison of annual household income in ZIP Code 64111.

Income ZIP 64111 Missouri U.S.
Less than $10,000 6.7% 6.2% 6.0%
$10,000 to $14,999 3.4% 4.6% 4.3%
$15,000 to $24,999 12.1% 10.1% 8.9%
$25,000 to $34,999 7.8% 10.2% 8.9%
$35,000 to $49,999 18.6% 14.0% 12.3%
$50,000 to $74,999 23.1% 18.5% 17.2%
$75,000 to $99,999 11.3% 12.7% 12.7%
$100,000 to $149,999 11.2% 13.6% 15.1%
$150,000 to $199,999 3.9% 5.1% 6.8%
$200,000 or more 2.0% 4.8% 7.7%

Household Income in ZIP Code 64111

See the chart below for a comparison of annual household income figures in ZIP Code 64111, Missouri, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 64111 alongside the same figures for the state of Missouri and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 64111

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 64111.

ZIP 64111 Missouri U.S.
Median Housing Rent $923 $830 $1,062
Renter-Occupied Housing Units 72.0% 33.2% 36.0%
Rental Vacancy Rate 1.9% 6.3% 6.0%
Average Size of Renter-Occupied Unit 1.65 2.25 2.49
Average # of Bedrooms Per Unit 1.86 2.77 2.75
Percent of Income Spent on Rent 26.67% 28.54% 29.83%
Per Capita Income $37,061 $30,810 $34,103
Median Household Income $64,047 $76,060 $88,607
Living Below the Poverty Line 9.2% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 64111

In ZIP Code 64111 (Kansas City, MO), and estimated 72.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 1.9%.

The per capita income in 64111 is estimated at $37,061, which goes along with an estimated median household income of $64,047. About 9.2% of residents in this Jackson County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.65 occupants, while the units have an aggregate average size of 1.86 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 26.67% of their income on housing rental costs.

Rental FAQs for ZIP Code 64111

1

What is the median monthly rent in ZIP Code 64111?

Median rent for housing in ZIP Code 64111 in Jackson County in Missouri is approximately $923 per month.
2

Is it expensive to rent in ZIP Code 64111?

Rent in ZIP Code 64111 is higher than average in the state of Missouri overall. The median monthly rent of $923 in ZIP Code 64111 is approximately 11% higher than the Missouri median of $830. Additionally, median rent in this Kansas City, MO region ($923) is about 13% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 64111?

High-priced rentals are less common in ZIP Code 64111 than in Missouri overall. The percentage of rentals in ZIP Code 64111 that cost $3,000 or more per month (0.3%) is about 25% lower than the Missouri rate of 0.4% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 88% higher than the aforementioned 64111 rate of 0.3%.
4

Are affordable rentals common in ZIP Code 64111?

Affordable rentals are less common in ZIP Code 64111 than in Missouri overall. The percentage of housing rentals in ZIP Code 64111 costing $999 or less per month (59.8%) is approximately 13% 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 31% lower than the previously mentioned 64111 rate of 59.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 64111?

The most common range for rental cost in ZIP Code 64111 is between $500 and $999 per month. About 54.6% of renters in 64111 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 64111 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 64111 is lower than the rental vacancy rate in the state of Missouri overall. Rental vacancy of 1.9% in ZIP Code 64111 is about 70% lower than the Missouri rate of 6.3%. Looking more broadly, rental vacancy in this Kansas City, MO region (1.9%) is an estimated 68% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 64111? How does it compare to other Missouri regions?

Median household income in ZIP Code 64111 is lower than in the state of Missouri overall. Annual household income of $51,413 in ZIP Code 64111 is about 7% lower than the Missouri median of $55,461. Additionally, median household income in this Kansas City, MO region ($51,413) is approximately 18% lower 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 64111 spend on housing costs?

Renters in ZIP Code 64111 spend a lower amount of their income on rent costs than do renters in Missouri overall. Renters in ZIP Code 64111 spend an estimated 26.67% of their income on rent payments, which is about 7% 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 11% higher than the ZIP Code 64111 estimated rate of 26.67%.
9

Do renters in ZIP Code 64111 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 64111 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 64111 spending 30 percent or more of their income on rent costs (35.6%) is approximately 21% lower 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 28% higher than the aforementioned 64111 rate of 35.6%.
10

What is the average household size of renter-occupied units in ZIP Code 64111?

The average household size of renter-occupied units in ZIP Code 64111 is lower than in the state of Missouri overall. Annual household size of 1.65 in ZIP Code 64111 is about 27% lower than the Missouri median of 2.25. Additionally, median household size in this Kansas City, MO region (1.65) is approximately 34% lower than median household size of 2.49 in the U.S. as a whole.