salaryRent is lower than in 59% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (77.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $59,400 a year. That is $29 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 97 of 142 cities from cheapest to most expensive.
How much do households earn in Lemay?
Share of households by yearly income. 11.8% of households earn $100,000 or more.
Rent by apartment size in Lemay
| Size | Lemay | U.S. average |
|---|---|---|
| Studio | $667 | $1,338 |
| 1 bedroom | $852 | $1,324 |
| 2 bedrooms | $975 | $1,509 |
| 3 bedrooms | $1,430 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lemay overall?
Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lemay, so the Missouri figure is shown.
Taxes and bills in Lemay
Life in Lemay
Is it cheaper to rent or buy in Lemay?
Buying is cheaper month to month: about $429 a month less than renting.
Owning assumes a typical $152,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,220 for the down payment.
Frequently asked questions
What is the average rent in Lemay, MO?
Renting in Lemay costs a median of about $1,485 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Lemay?
To keep rent under 30% of income, you need about $59,400 a year, or $29 an hour at a full-time job.
Is Lemay cheap or expensive?
Lemay is rated OK: rent takes 27.4% of the typical household income of $65,140. It ranks 97th cheapest of 142 Missouri cities we track.
How much are property taxes in Lemay?
The median homeowner in Lemay pays $1,932 a year in property taxes, about 1.27% of the median home value.
Is Lemay 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 Lemay?
The median home value in Lemay is $152,200, about 2.3 times the typical yearly household income.
16,228 people live in Lemay. Numbers are typical (middle) values.