$1,300
Total Monthly Price
- 2 Beds
- 1.5 Baths
- 1,162 Sq Ft
- Townhouse for Rent
400 Morgan Dr Unit B, Ashland, MO 65010
Frequently Asked Questions
How much does it cost to rent a home in Ashland, MO?
The median rent for a home in Ashland, MO is $1,400 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Ashland, MO?
To comfortably afford the median rent in Ashland, MO, a household needs to earn roughly $56,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,400 per month in Ashland, MO, renters typically need to show $4,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Ashland, MO?
In Ashland, MO, the price-to-rent ratio is 20.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Ashland, MO are best for renting a home?
The best neighborhood for renting in Ashland, MO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Grindstone-Rock Quarry, East Campus, Benton-Stephens, Old Southwest and Meadowvale, each with its own character and price range.
