Renters Local

Rental Insights for ZIP Code 65059 (Mokane, MO)

Housing Rentals in ZIP Code 65059 (Mokane, MO)

65059 ZIP Code in Missouri

A Detailed Housing Rental Snapshot of the ZIP Code 65059

ZIP Code 65059 is principally located in Mokane, MO in Callaway County. The median housing rent payment in this region of Missouri is $818 per month. About 33.3% of housing units in this Callaway County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 65059 of $818 per month is 1% lower than the aggregate Missouri median monthly rent of $830, and is 23% lower than the $1,062 the median monthly rent in the U.S. overall. About 82.4% of renters in ZIP Code 65059 pay between $500 and $999 per month for housing. That is 47% higher than in Missouri overall, in which 56.1% of total state residents pay between $500 and $999 per month for housing. Just 17.6% of renters in this Mokane, MO region pay less than $500 per month for rent.

ZIP Code 65059 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 65059

See the chart below for a comparison of monthly rental costs in ZIP Code 65059, Missouri, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 65059 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 65059

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

Cost ZIP 65059 Missouri U.S.
Less than $500 17.6% 12.8% 9.4%
$500 to $999 82.4% 56.1% 36.2%
$1,000 to $1,499 0.0% 24.7% 30.0%
$1,500 to $1,999 0.0% 4.4% 14.0%
$2,000 to $2,499 0.0% 1.2% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 65059

Renters in ZIP Code 65059 use an estimated 33.77% of their income to cover their monthly rent payments. That is about 18% higher 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 65059 renters use about 13% more of their income to cover rent expense. Household income figures for ZIP Code 65059 come in lower than in Missouri as a whole. The median annual household income in ZIP Code 65059 of $43,750 sits approximately 21% lower than the overall Missouri median income of $55,461 and approximately 30% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 65059

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 65059, 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 65059 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 65059

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

Rent Cost as % of Income ZIP 65059 Missouri U.S.
Less than 15.0 percent 2.0% 15.4% 13.1%
15.0 to 19.9 percent 0.0% 14.7% 12.9%
20.0 to 24.9 percent 17.6% 13.3% 12.9%
25.0 to 29.9 percent 1.0% 11.5% 11.6%
30.0 to 34.9 percent 44.1% 8.5% 9.1%
35.0 percent or more 35.3% 36.5% 40.5%

Household Income in ZIP Code 65059

See the table below for the regional comparison of annual household income in ZIP Code 65059.

Income ZIP 65059 Missouri U.S.
Less than $10,000 6.5% 6.2% 6.0%
$10,000 to $14,999 1.6% 4.6% 4.3%
$15,000 to $24,999 7.4% 10.1% 8.9%
$25,000 to $34,999 19.1% 10.2% 8.9%
$35,000 to $49,999 17.5% 14.0% 12.3%
$50,000 to $74,999 14.6% 18.5% 17.2%
$75,000 to $99,999 10.0% 12.7% 12.7%
$100,000 to $149,999 19.4% 13.6% 15.1%
$150,000 to $199,999 0.0% 5.1% 6.8%
$200,000 or more 3.9% 4.8% 7.7%

Household Income in ZIP Code 65059

See the chart below for a comparison of annual household income figures in ZIP Code 65059, Missouri, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 65059 alongside the same figures for the state of Missouri and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 65059

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 65059.

ZIP 65059 Missouri U.S.
Median Housing Rent $818 $830 $1,062
Renter-Occupied Housing Units 33.3% 33.2% 36.0%
Rental Vacancy Rate 0.0% 6.3% 6.0%
Average Size of Renter-Occupied Unit 1.60 2.25 2.49
Average # of Bedrooms Per Unit 2.5 2.77 2.75
Percent of Income Spent on Rent 33.77% 28.54% 29.83%
Per Capita Income $23,860 $30,810 $34,103
Median Household Income $65,980 $76,060 $88,607
Living Below the Poverty Line 2.1% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 65059

In ZIP Code 65059 (Mokane, MO), and estimated 33.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 65059 is estimated at $23,860, which goes along with an estimated median household income of $65,980. About 2.1% of residents in this Callaway County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.60 occupants, while the units have an aggregate average size of 2.5 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 33.77% of their income on housing rental costs.

Rental FAQs for ZIP Code 65059

1

What is the median monthly rent in ZIP Code 65059?

Median rent for housing in ZIP Code 65059 in Callaway County in Missouri is approximately $818 per month.
2

Is it expensive to rent in ZIP Code 65059?

Rent in ZIP Code 65059 is lower than average in the state of Missouri overall. The median monthly rent of $818 in ZIP Code 65059 is approximately 1% lower than the Missouri median of $830. Additionally, median rent in this Mokane, MO region ($818) is about 23% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 65059?

High-priced rentals are not common in the Mokane, MO ZIP Code of 65059, 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 65059?

Affordable rentals are more common in ZIP Code 65059 than in Missouri overall. The percentage of housing rentals in ZIP Code 65059 costing $999 or less per month (100%) is approximately 45% higher 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 119% lower than the previously mentioned 65059 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 65059?

The most common range for rental cost in ZIP Code 65059 is between $500 and $999 per month. About 82.4% of renters in 65059 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 65059 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 65059 is lower than the rental vacancy rate in the state of Missouri overall. Rental vacancy of 0.0% in ZIP Code 65059 is about 100% lower than the Missouri rate of 6.3%. Looking more broadly, rental vacancy in this Mokane, MO region (0.0%) is an estimated 100% 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 65059? How does it compare to other Missouri regions?

Median household income in ZIP Code 65059 is lower than in the state of Missouri overall. Annual household income of $43,750 in ZIP Code 65059 is about 21% lower than the Missouri median of $55,461. Additionally, median household income in this Mokane, MO region ($43,750) is approximately 30% 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 65059 spend on housing costs?

Renters in ZIP Code 65059 spend a higher amount of their income on rent costs than do renters in Missouri overall. Renters in ZIP Code 65059 spend an estimated 33.77% of their income on rent payments, which is about 18% higher 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 13% lower than the ZIP Code 65059 estimated rate of 33.77%.
9

Do renters in ZIP Code 65059 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 65059 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 65059 spending 30 percent or more of their income on rent costs (79.4%) is approximately 76% 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 60% lower than the aforementioned 65059 rate of 79.4%.
10

What is the average household size of renter-occupied units in ZIP Code 65059?

The average household size of renter-occupied units in ZIP Code 65059 is lower than in the state of Missouri overall. Annual household size of 1.60 in ZIP Code 65059 is about 29% lower than the Missouri median of 2.25. Additionally, median household size in this Mokane, MO region (1.60) is approximately 36% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Missouri ZIP Codes