States › Missouri › Ferguson

Is Ferguson, MO expensive to live in?

ExpensiveRent takes 36 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,54412% lower than U.S. average
💵 Families earn per year (2026)$51,255about $4,271/month · 41% lower than U.S. average
🔑 House price$109,90067% lower than U.S. average

Rent is lower than in 55% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $61,760 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Missouri cities?

No. Rent here is more expensive than in most of Missouri. It is number 101 of 142 cities from cheapest to most expensive.

Ferguson
$1,544
Manchester
$1,445
Farmington
$973
Lake St. Louis
$1,909
Concord
$1,344
Spanish Lake
$916
Creve Coeur
$1,861

How much do households earn in Ferguson?

Under $25k
19.0%
$25k–50k
36.9%
$50k–100k
27.8%
$100k–150k
7.7%
$150k+
3.2%

Share of households by yearly income. 10.9% of households earn $100,000 or more.

Rent by apartment size in Ferguson

SizeFergusonU.S. average
1 bedroom$885$1,324
2 bedrooms$1,230$1,509
3 bedrooms$1,489$1,698
4 bedrooms$1,751$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Ferguson overall?

Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).

Housing
70
Goods (food, clothes…)
96
Utilities
79
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Ferguson, so the Missouri figure is shown.

Taxes and bills in Ferguson

🏛️ Property tax$1,661a year · 1.51% of home value · U.S. $3,119
⚡ Electric bill$137a month (typical) · U.S. $156

Life in Ferguson

Commute to work24 minU.S.: 26.4 min
College degree21.3%U.S.: 35.7%
Own their home48.2%U.S.: 65.2%
Below poverty line24.2%U.S.: 12.5%
Unemployment5.9%U.S.: 5.2%

Is it cheaper to rent or buy in Ferguson?

Buying is cheaper month to month: about $781 a month less than renting.

Renting
$1,544
Owning
$763

Owning assumes a typical $109,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,990 for the down payment.

Frequently asked questions

What is the average rent in Ferguson, MO?

Renting in Ferguson costs a median of about $1,544 a month in 2026, including utilities. The Missouri median is $1,285.

How much do I need to make to live in Ferguson?

To keep rent under 30% of income, you need about $61,760 a year, or $30 an hour at a full-time job.

Is Ferguson cheap or expensive?

Ferguson is rated Expensive: rent takes 36.1% of the typical household income of $51,255. It ranks 101st cheapest of 142 Missouri cities we track.

How much are property taxes in Ferguson?

The median homeowner in Ferguson pays $1,661 a year in property taxes, about 1.51% of the median home value.

Is Ferguson more expensive than the national average?

Overall prices in Missouri are 9% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Ferguson?

The median home value in Ferguson is $109,900, about 2.1 times the typical yearly household income.

18,213 people live in Ferguson. Numbers are typical (middle) values.