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Newest Homes for Rent in Fayette, MO

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  • 208 Watts Ave, Fayette, MO 65248
    208 Watts Ave, Fayette, MO 65248
    208 Watts Ave, Fayette, MO 65248
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    $1,500 Per Month

    • 3 Beds
    • 1.5 Baths
    • House for Rent

    208 Watts Ave, Fayette, MO 65248

    Property Id: 2455298Rental home for single-family with 3 bedrooms and 1.5 baths. Two-story home on a basement that is unfinished, two bedrooms on main floor one upstairs. Pets only with approval and additional payments required.

    (417) 892-2391

    208 Watts Ave, Fayette, MO 65248
  • 318 E Davis St Unit 318 E Davis St B, Fayette, MO 65248
    318 E Davis St Unit 318 E Davis St B, Fayette, MO 65248
    318 E Davis St Unit 318 E Davis St B, Fayette, MO 65248
    /4

    $815 Per Month

    • 1 Bed
    • 1 Bath
    • 1 Bedroom 1 Bath Apartment in Fayette!

    318 E Davis St Unit 318 E Davis St B, Fayette, MO 65248

    Large 1 bedroom close to CMU in Fayette

    318 E Davis St Unit 318 E Davis St B, Fayette, MO 65248
  • 107 Olive St, Fayette, MO 65248
    107 Olive St, Fayette, MO 65248
    107 Olive St, Fayette, MO 65248
    /17

    $1,500 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    107 Olive St, Fayette, MO 65248

    Property Id: 1961785Step into this beautifully updated 3-bedroom, 2-bath home featuring fresh paint throughout and partially brand-new flooring. The cozy carpeted bedrooms offer comfort, while the open living area includes an eye-catching accent wall with plenty of natural light. The kitchen comes fully equipped with a gas stove and French door refrigerator, and there’s a washer/dryer

    (660) 869-5544

    107 Olive St, Fayette, MO 65248
Missouri Howard County Fayette

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 $1,157 per month, though prices vary by neighborhood, size, and property type. As of May 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 $46,280 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 $1,157 per month in Fayette, MO, renters typically need to show $3,471 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 12.9, 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, Valley View Gardens, Parkade, Worley Street Park and Ridgeway, each with its own character and price range.

Rental Home Trends in Fayette, MO

There are currently 3 homes available for rent in Fayette, MO. The median rent is $1,157 per month, with single-family homes renting at $1,500 and condos at $815.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,157
Median Single Family Home Rent
$1,500
Median Condo Rent
$815
How to Rent a Home

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