Excelsior Springs, Missouri Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Excelsior Springs, Missouri rental market.
Excelsior Springs, Missouri
Average Apartment Rent
$915
Y-o-Y Change in Average
Apartment Rent
-0.8%
As of March 2026
Compared to a year ago, Excelsior Springs, Missouri apartments have recorded a -0.8% rent decrease.
Excelsior Springs, Missouri Average apartment rent trend
Excelsior Springs, Missouri Average Apartment Rent
Excelsior Springs, Missouri Apartment rent ranges
At 69.77%, apartments priced Under $1,000 represent the bulk of Excelsior Springs, Missouri rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 30.23%.
Excelsior Springs, Missouri Housing tenure**
Renters take up 36% of Excelsior Springs, Missouri real estate, occupying a total of 1,403 units, while homeowners live in 2,450 properties.
Median number of rooms of renter-occupied housing units**
4.9
Renter median household income**
$40,908
Average household size of renter-occupied housing units**
2.37
Rental vacancy rate**
5.3%
Excelsior Springs, Missouri Renter-occupied housing units by no. of bedrooms**
There are 525 rentals in Excelsior Springs, Missouri with 2 beds making up the highest share of the market, at 37%. Units with 4 beds, on the other hand, hold the lowest percentage (5%), amounting to 68 units. Overall, the median number of rooms in Excelsior Springs, Missouri homes for rent is 4.9.
Excelsior Springs, Missouri Renter-occupied units by age of householder**
Most condos for rent in Excelsior Springs, Missouri are occupied by residents in the 25 - 34 years age group (22%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Excelsior Springs, Missouri Renter-occupied housing units by family type**
Excelsior Springs, Missouri Renter-occupied housing units by the presence of own children**
A total of 799 apartments for rent in Excelsior Springs, Missouri, or 57% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 473 units. All in all, the median size of a renter-occupied household in Excelsior Springs, Missouri is 2.37.
Excelsior Springs, Missouri Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 22% of the homes for rent in Excelsior Springs, Missouri.
Excelsior Springs, Missouri Renter-occupied units by year structure built**
The highest share of Excelsior Springs, Missouri apartment rentals, namely 17% or 242 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (17%, 238 units), and the ones Built 1970 - 1979 (16%, 220 units).
Excelsior Springs, Missouri Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Excelsior Springs, Missouri renters (51%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Excelsior Springs, Missouri condos for rent is 2016.
Excelsior Springs, Missouri Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Excelsior Springs, Missouri renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 13% have 3 or more vehicles available.
Excelsior Springs, Missouri Means of transportation to work of householders living in renter-occupied housing units**
Excelsior Springs, Missouri Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Excelsior Springs, Missouri apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
