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Newest Homes for Rent in Fayette, MO

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  • 205 N Church St, Fayette, MO 65248
    205 N Church St, Fayette, MO 65248
    205 N Church St, Fayette, MO 65248
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    $1,995 Per Month

    • 5 Beds
    • 2 Baths
    • 2,053 Sq Ft
    • House for Rent

    205 N Church St, Fayette, MO 65248

    Spacious 5 bed, 2 bath house next to the CMU Campus in Fayette, MO. Two large main-level living areas, generously sized bedrooms and ample closet space. Covered front and back porches! Rent $1995 includes internet. Deposit $1995. No pets. Visit our website at Call for inquiries

    205 N Church St, Fayette, MO 65248
  • 313 S Williams St, Fayette, MO 65248
    313 S Williams St, Fayette, MO 65248
    313 S Williams St, Fayette, MO 65248
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    $1,600 Per Month

    • 3 Beds
    • 1 Bath
    • 2,144 Sq Ft
    • House for Rent

    313 S Williams St, Fayette, MO 65248

    Property Id: 2777846 3 Bed / 1 Bath Home on Large Lot. Well-maintained home on an oversized lot featuring a fenced backyard, 2-car garage, large parking pad suitable for additional vehicles or RV, and both a deck and patio for outdoor living. The covered front porch adds charm and year-round usability. Up to 3 dogs allowed. Located close to CMU, local parks, and downtown.

    313 S Williams St, Fayette, MO 65248
  • 407 Watts Ave, Fayette, MO 65248
    407 Watts Ave, Fayette, MO 65248
    407 Watts Ave, Fayette, MO 65248
    /10

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    407 Watts Ave, Fayette, MO 65248

    Property Id: 1182308 Property has a rustic interior with red oak trim around windows and door come with a garage too.

    407 Watts Ave, Fayette, MO 65248
  • 406 S Church St, Fayette, MO 65248
    406 S Church St, Fayette, MO 65248
    406 S Church St, Fayette, MO 65248
    /15

    $1,500 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    406 S Church St, Fayette, MO 65248

    Property Id: 1501382 Property is newly remodeled with new furnaces and new AC and siding. The property has a two carport.

    406 S Church St, Fayette, MO 65248
Missouri Howard County

Newest Homes for Rent in Fayette, MO

Frequently Asked Questions

How much does it cost to rent a home in Fayette, MO?
The median rent for a home in Fayette, MO is $1,500 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 Fayette, MO?
To comfortably afford the median rent in Fayette, MO, a household needs to earn roughly $60,000 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 $1,500 per month in Fayette, MO, renters typically need to show $4,500 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 8.8, 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 home?
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 home include Smithton Ridge, Parkade, Benton-Stephens, East Campus and North Central, each with its own character and price range.

Rental Trends in Fayette, MO

There are currently 4 homes available for rent in Fayette, MO. The median rent is $1,500 per month, with single-family homes renting at $1,500.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,500
Median Single Family Home Rent
$1,500
How to Rent a Home

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