salaryRent is lower than in 67% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 3.0 years of household income. Most homes (78.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $53,560 a year. That is $26 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 79 of 142 cities from cheapest to most expensive.
How much do households earn in Raymore?
Share of households by yearly income. 39.3% of households earn $100,000 or more.
Rent by apartment size in Raymore
| Size | Raymore | U.S. average |
|---|---|---|
| 1 bedroom | $1,282 | $1,324 |
| 2 bedrooms | $1,299 | $1,509 |
| 3 bedrooms | $2,180 | $1,698 |
| 4 bedrooms | $2,422 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Raymore 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 Raymore, so the Missouri figure is shown.
Taxes and bills in Raymore
Life in Raymore
Is it cheaper to rent or buy in Raymore?
Renting is cheaper right now: about $1,014 a month less.
Owning assumes a typical $339,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,910 for the down payment.
Frequently asked questions
What is the average rent in Raymore, MO?
Renting in Raymore costs a median of about $1,339 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Raymore?
To keep rent under 30% of income, you need about $53,560 a year, or $26 an hour at a full-time job.
Is Raymore cheap or expensive?
Raymore is rated Cheap: rent takes 14.3% of the typical household income of $112,646. It ranks 79th cheapest of 142 Missouri cities we track.
How much are property taxes in Raymore?
The median homeowner in Raymore pays $3,292 a year in property taxes, about 0.97% of the median home value.
Is Raymore 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 Raymore?
The median home value in Raymore is $339,100, about 3.0 times the typical yearly household income.
24,526 people live in Raymore. Numbers are typical (middle) values.