$850 Per Month
- 2 Beds
- 1 Bath
- 1,025 Sq Ft
- House for Rent
604 S Allen St, Centralia, MO 65240
Remodeled 2 bedroom 1 bath home updated Kitchen bathroom windows siding roof hvac system
Frequently Asked Questions
How much does it cost to rent a home in Centralia, MO?
The median rent for a home in Centralia, MO is $850 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Centralia, MO?
To comfortably afford the median rent in Centralia, MO, a household needs to earn roughly $34,000 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 $850 per month in Centralia, MO, renters typically need to show $2,550 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 Centralia, MO?
In Centralia, MO, the price-to-rent ratio is 20.1, 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 Centralia, MO are best for renting a home?
The best neighborhood for renting in Centralia, MO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Mexico Gravel, White Gate, Parkade, Benton-Stephens and Old Hawthorne, each with its own character and price range.
