States › Missouri › Manchester

Is Manchester, MO expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,44518% lower than U.S. average
💵 Families earn per year (2026)$105,478about $8,790/month · 21% higher than U.S. average
🔑 House price$323,1003% lower than U.S. average

Rent is lower than in 61% of U.S. cities. A typical house costs about 3.1 years of household income. It is a highly educated city: 62.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $57,800 a year. That is $28 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 90 of 142 cities from cheapest to most expensive.

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

How much do households earn in Manchester?

Under $25k
9.5%
$25k–50k
16.6%
$50k–100k
33.1%
$100k–150k
23.7%
$150k+
16.6%

Share of households by yearly income. 40.3% of households earn $100,000 or more.

Rent by apartment size in Manchester

SizeManchesterU.S. average
1 bedroom$1,295$1,324
2 bedrooms$1,506$1,509
3 bedrooms$1,898$1,698

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

How expensive is Manchester 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 Manchester, so the Missouri figure is shown.

Taxes and bills in Manchester

🏛️ Property tax$3,922a year · 1.21% of home value · U.S. $3,119
⚡ Electric bill$113a month (typical) · U.S. $156

Life in Manchester

Commute to work21.4 minU.S.: 26.4 min
College degree62.4%U.S.: 35.7%
Own their home75%U.S.: 65.2%
Below poverty line6.4%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Manchester?

Renting is cheaper right now: about $797 a month less.

Renting
$1,445
Owning
$2,242

Owning assumes a typical $323,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,310 for the down payment.

Frequently asked questions

What is the average rent in Manchester, MO?

Renting in Manchester costs a median of about $1,445 a month in 2026, including utilities. The Missouri median is $1,285.

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

To keep rent under 30% of income, you need about $57,800 a year, or $28 an hour at a full-time job.

Is Manchester cheap or expensive?

Manchester is rated Cheap: rent takes 16.4% of the typical household income of $105,478. It ranks 90th cheapest of 142 Missouri cities we track.

How much are property taxes in Manchester?

The median homeowner in Manchester pays $3,922 a year in property taxes, about 1.21% of the median home value.

Is Manchester 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 Manchester?

The median home value in Manchester is $323,100, about 3.1 times the typical yearly household income.

18,160 people live in Manchester. Numbers are typical (middle) values.