Renters Local

Rental Insights for ZIP Code 65255 (Hallsville, MO)

Housing Rentals in ZIP Code 65255 (Hallsville, MO)

65255 ZIP Code in Missouri

A Detailed Housing Rental Snapshot of the ZIP Code 65255

ZIP Code 65255 is principally located in Hallsville, MO in Boone County. The median housing rent payment in this region of Missouri is $738 per month. About 27.1% of housing units in this Boone County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 65255 of $738 per month is 11% lower than the aggregate Missouri median monthly rent of $830, and is 31% lower than the $1,062 the median monthly rent in the U.S. overall. About 50.9% of renters in ZIP Code 65255 pay between $500 and $999 per month for housing. That is 9% lower than in Missouri overall, in which 56.1% of total state residents pay between $500 and $999 per month for housing. Just 13.8% of renters in this Hallsville, MO region pay less than $500 for monthly rent.

ZIP Code 65255 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 65255

See the chart below for a comparison of monthly rental costs in ZIP Code 65255, Missouri, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 65255 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 65255

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

Cost ZIP 65255 Missouri U.S.
Less than $500 13.8% 12.8% 9.4%
$500 to $999 50.9% 56.1% 36.2%
$1,000 to $1,499 35.3% 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 65255

Renters in ZIP Code 65255 use an estimated 29.25% of their income to cover their monthly rent payments. That is about 2% 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 65255 renters use about 2% less of their income to cover rent expense. Household income figures for ZIP Code 65255 come in lower than in Missouri as a whole. The median annual household income in ZIP Code 65255 of $55,404 sits approximately 0% lower than the overall Missouri median income of $55,461 and approximately 12% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 65255

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 65255, 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 65255 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 65255

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

Rent Cost as % of Income ZIP 65255 Missouri U.S.
Less than 15.0 percent 14.6% 15.4% 13.1%
15.0 to 19.9 percent 10.4% 14.7% 12.9%
20.0 to 24.9 percent 21.5% 13.3% 12.9%
25.0 to 29.9 percent 3.0% 11.5% 11.6%
30.0 to 34.9 percent 11.6% 8.5% 9.1%
35.0 percent or more 38.9% 36.5% 40.5%

Household Income in ZIP Code 65255

See the table below for the regional comparison of annual household income in ZIP Code 65255.

Income ZIP 65255 Missouri U.S.
Less than $10,000 5.2% 6.2% 6.0%
$10,000 to $14,999 1.7% 4.6% 4.3%
$15,000 to $24,999 14.7% 10.1% 8.9%
$25,000 to $34,999 6.1% 10.2% 8.9%
$35,000 to $49,999 18.7% 14.0% 12.3%
$50,000 to $74,999 17.3% 18.5% 17.2%
$75,000 to $99,999 14.5% 12.7% 12.7%
$100,000 to $149,999 14.4% 13.6% 15.1%
$150,000 to $199,999 5.1% 5.1% 6.8%
$200,000 or more 2.3% 4.8% 7.7%

Household Income in ZIP Code 65255

See the chart below for a comparison of annual household income figures in ZIP Code 65255, Missouri, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 65255 alongside the same figures for the state of Missouri and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 65255

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 65255.

ZIP 65255 Missouri U.S.
Median Housing Rent $738 $830 $1,062
Renter-Occupied Housing Units 27.1% 33.2% 36.0%
Rental Vacancy Rate 0.0% 6.3% 6.0%
Average Size of Renter-Occupied Unit 2.45 2.25 2.49
Average # of Bedrooms Per Unit 3.12 2.77 2.75
Percent of Income Spent on Rent 29.25% 28.54% 29.83%
Per Capita Income $27,146 $30,810 $34,103
Median Household Income $70,089 $76,060 $88,607
Living Below the Poverty Line 11.6% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 65255

In ZIP Code 65255 (Hallsville, MO), and estimated 27.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 65255 is estimated at $27,146, which goes along with an estimated median household income of $70,089. About 11.6% of residents in this Boone County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.45 occupants, while the units have an aggregate average size of 3.12 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.25% of their income on housing rental costs.

Rental FAQs for ZIP Code 65255

1

What is the median monthly rent in ZIP Code 65255?

Median rent for housing in ZIP Code 65255 in Boone County in Missouri is approximately $738 per month.
2

Is it expensive to rent in ZIP Code 65255?

Rent in ZIP Code 65255 is lower than average in the state of Missouri overall. The median monthly rent of $738 in ZIP Code 65255 is approximately 11% lower than the Missouri median of $830. Additionally, median rent in this Hallsville, MO region ($738) is about 31% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 65255?

High-priced rentals are not common in the Hallsville, MO ZIP Code of 65255, 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 65255?

Affordable rentals are less common in ZIP Code 65255 than in Missouri overall. The percentage of housing rentals in ZIP Code 65255 costing $999 or less per month (64.7%) is approximately 6% 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 42% lower than the previously mentioned 65255 rate of 64.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 65255?

The most common range for rental cost in ZIP Code 65255 is between $500 and $999 per month. About 50.9% of renters in 65255 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 65255 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 65255 is lower than the rental vacancy rate in the state of Missouri overall. Rental vacancy of 0.0% in ZIP Code 65255 is about 100% lower than the Missouri rate of 6.3%. Looking more broadly, rental vacancy in this Hallsville, 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 65255? How does it compare to other Missouri regions?

Median household income in ZIP Code 65255 is lower than in the state of Missouri overall. Annual household income of $55,404 in ZIP Code 65255 is about 0% lower than the Missouri median of $55,461. Additionally, median household income in this Hallsville, MO region ($55,404) is approximately 12% 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 65255 spend on housing costs?

Renters in ZIP Code 65255 spend a higher amount of their income on rent costs than do renters in Missouri overall. Renters in ZIP Code 65255 spend an estimated 29.25% of their income on rent payments, which is about 2% 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 2% higher than the ZIP Code 65255 estimated rate of 29.25%.
9

Do renters in ZIP Code 65255 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 65255 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 65255 spending 30 percent or more of their income on rent costs (50.5%) is approximately 12% 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 2% lower than the aforementioned 65255 rate of 50.5%.
10

What is the average household size of renter-occupied units in ZIP Code 65255?

The average household size of renter-occupied units in ZIP Code 65255 is higher than in the state of Missouri overall. Annual household size of 2.45 in ZIP Code 65255 is about 9% higher than the Missouri median of 2.25. Additionally, median household size in this Hallsville, MO region (2.45) is approximately 2% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Missouri ZIP Codes