Housing in Montgomery County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Montgomery County averages $788/month for a 2‑bedroom in 2024, compared to the Missouri median of $1,033 and the national median of $1,413. Local renters spend approximately 20% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Montgomery County FMR Area are $681 for a studio, $685 for 1‑bedroom, $899 for 2‑bedroom, $1,241 for 3‑bedroom, and $1,352 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $111 increase for a 2-bedroom in Montgomery County shows a 14% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Montgomery County was 3.4% in 2024, compared to Missouri at 3.7% and the national rate of 4.0%.

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Towns near Montgomery City

City
County
State
Miles
Callaway
MO
0.0
Callaway
MO
7.2
Callaway
MO
10.6
Callaway
MO
11.2
Callaway
MO
11.3
Callaway
MO
11.8
Callaway
MO
11.8
Callaway
MO
14.6
Callaway
MO
14.7
Callaway
MO
17.3
Montgomery
MO
21.2
Audrain
MO
21.3
Audrain
MO
22.4
Audrain
MO
23.2
Audrain
MO
25.1
Montgomery
MO
25.5
Montgomery
MO
26.0
Montgomery
MO
26.3
Audrain
MO
28.3
Audrain
MO
31.7
Montgomery
MO
31.8
Montgomery
MO
34.5
Montgomery
MO
35.4
Montgomery
MO
35.5
Audrain
MO
35.6
Audrain
MO
39.7
Warren
MO
41.9
Warren
MO
42.5
Warren
MO
45.7
Warren
MO
50.0
Warren
MO
54.7

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Montgomery City, MO

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