O'fallon, 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 O'fallon, Missouri rental market.
O'fallon, Missouri
Average Apartment Rent
$1,584
Y-o-Y Change in Average
Apartment Rent
4.5%
As of May 2026
Compared to a year ago, O'fallon, Missouri apartments have recorded a 4.5% rent increase.
O'fallon, Missouri Average apartment rent trend
O'fallon, Missouri Average Apartment Rent
O'fallon, Missouri Apartment rent ranges
At 50.03%, apartments priced $1,500 - $2,000 represent the bulk of O'fallon, Missouri rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 2.71%.
O'fallon, Missouri Housing tenure**
Renters take up 19% of O'fallon, Missouri real estate, occupying a total of 6,536 units, while homeowners live in 27,638 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$61,014
Average household size of renter-occupied housing units**
2.3
Rental vacancy rate**
0.8%
O'fallon, Missouri Renter-occupied housing units by no. of bedrooms**
There are 2,880 rentals in O'fallon, Missouri with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 45 units. Overall, the median number of rooms in O'fallon, Missouri homes for rent is 4.2.
O'fallon, Missouri Renter-occupied units by age of householder**
Most condos for rent in O'fallon, Missouri are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 5%.
O'fallon, Missouri Renter-occupied housing units by family type**
O'fallon, Missouri Renter-occupied housing units by the presence of own children**
A total of 3,005 apartments for rent in O'fallon, Missouri, or 46% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 2,042 units. All in all, the median size of a renter-occupied household in O'fallon, Missouri is 2.3.
O'fallon, Missouri Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in O'fallon, Missouri.
O'fallon, Missouri Renter-occupied units by year structure built**
The highest share of O'fallon, Missouri apartment rentals, namely 25% or 1,615 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (24%, 1,548 units), and the ones Built 1990 - 1999 (19%, 1,257 units).
O'fallon, Missouri Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most O'fallon, Missouri renters (39%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their O'fallon, Missouri condos for rent is 2018.
O'fallon, Missouri Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of O'fallon, Missouri renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 18% have No vehicle available.
O'fallon, Missouri Means of transportation to work of householders living in renter-occupied housing units**
O'fallon, 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 O'fallon, 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
