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- 1 - 3 Beds
1920 E 20th St, Joplin, MO 64804
20th Place is a 144-unit Apartment Complex located in Joplin, MO
20th Place
Frequently Asked Questions
How much does it cost to rent a home in Joplin, MO?
The median rent for a home in Joplin, MO is $1,200 per month, though prices vary by neighborhood, size, and property type. As of August 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 Joplin, MO?
To comfortably afford the median rent in Joplin, MO, a household needs to earn roughly $48,000 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 $1,200 per month in Joplin, MO, renters typically need to show $3,600 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 Joplin, MO?
In Joplin, MO, the price-to-rent ratio is 13.1, 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 Joplin, MO are best for renting a home?
The best neighborhood for renting in Joplin, MO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Campbell Park North, Soaring Heights, Byers and Murphy and Freeman Grove, each with its own character and price range.
