3

Fayette, MO Condos for Rent

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  • /9

    $595 Per Month

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • Fayette Manor

    307 E Hackberry St Unit B3, Fayette, MO 65248

    Come check out our one bed, one bath apartments located in a quiet residential area. Tenants pay all utilities. Call today for more information ! or visit our website:

    307 E Hackberry St Unit B3, Fayette, MO 65248
  • /26

    $1,095 Per Month

    • 3 Beds
    • 2 Baths
    • 950 Sq Ft
    • 3 Bedroom 2 Bath Ground Level Apartment

    316 E Davis St Unit 316 E Davis St C, Fayette, MO 65248

    3 bedroom/ 2 bathroom apartment in Fayette. Apartment includes off street parking, porch, laundry connections. No utilities included with rent of $1,095/ Deposit $700 + $100 one-time move in fee for approved applicant. $300 Pet Deposit (non-refundable)/ $25 Pet Rent per Pet (limit 2 pets)Click "Apply Now" for rental application at

    316 E Davis St Unit 316 E Davis St C, Fayette, MO 65248
  • /16

    $950 Per Month

    • 2 Beds
    • 2 Baths
    • 850 Sq Ft
    • 2 Bedroom/2 Bathroom Townhouse in Fayette!

    316 E Davis St Unit 316 E Davis St D, Fayette, MO 65248

    2 bedroom/ 2 bathroom apartment in Fayette. Apartment includes off street parking, 2 interior levels, laundry connections. No utilities included with rent.$300 Pet Deposit (non-refundable)/ $25 Pet Rent (limit 2 pets)ALL MOVE IN FEES:Rent: $950Deposit: $600Move in administrative fee: $100Utility ( Water, Sewer, & Trash ) $80The tenant is responsible for the

    316 E Davis St Unit 316 E Davis St D, Fayette, MO 65248

Frequently Asked Questions

How much does it cost to rent a condo in Fayette, MO?
The median rent for a condo in Fayette, MO is $950 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Fayette, MO?
To comfortably afford the median rent in Fayette, MO, a household needs to earn roughly $43,800 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 $1,095 per month in Fayette, MO, renters typically need to show $3,285 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 Fayette, MO?
In Fayette, MO, the price-to-rent ratio is 13.6, 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 Fayette, MO are best for renting a condo?
The best neighborhood for renting in Fayette, MO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Benton-Stephens, East Campus and Cedar Lake, each with its own character and price range.

Condo Rental Trends in Fayette, MO

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$950
Median 1 Bedroom Condo Rent
$595
Median 2 Bedroom Condo Rent
$950
Median 3 Bedroom Condo Rent
$1,095
How to Rent a Home