Platte City, MO

City

Rent in Platte City

Median Gross Rent

$1,226

Rent-to-Income Ratio

33.1%

Renter Share

52.2%

Median Renter Income

$31,979

Avg Household Size

1.9

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $934
2 Bedrooms: $1,257
3 Bedrooms: $1,875
4 Bedrooms: $3,185

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 38.1%
$1,000-$1,500: 31.9%
$1,500-$2,000: 20.1%
$2,000-$2,500: 5.8%
$2,500+: 3.8%
No Cash Rent: 0.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 28.1%
20-30% (moderate): 17.7%
30-50% (cost-burdened): 15.3%
50%+ (severely cost-burdened): 36.8%
Not Computed: 2.2%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $103,229
Renter Households: $31,979

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 44.9%
$1,000-$1,500: 43.3%
$1,500-$2,000: 2.3%
$2,000-$2,500: 6.3%
$2,500+: 2.9%
No Cash Rent: 0.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Platte City

Beverly / East Leavenworth

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources