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Rent Inflation in Jefferson City, MO

The average asking rent in Jefferson City, MO is $1,012/month as of 2026-08. That is +6.1% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,012/mo

as of 2026-08

Year-over-Year Change

+6.1%

24-Month Rent Trend

Monthly ZORI index values for Jefferson City, MO.

MonthAvg Asking RentChange from Prior Month
2026-08$1,012+0.50%
2026-07$1,007+1.72%
2026-06$990-0.50%
2026-05$995-0.50%
2026-04$1,000-0.50%
2026-03$1,005-0.10%
2026-02$1,006+1.82%
2026-01$988+0.51%
2025-12$983+0.31%
2025-11$980+0.31%
2025-10$977+0.62%
2025-09$971+1.78%
2025-08$954+0.63%
2025-07$948+1.50%
2025-06$934+0.65%
2025-05$928+0.87%
2025-04$920+0.44%
2025-03$916+0.99%
2025-02$907+0.33%
2025-01$904+0.22%
2024-12$902+0.33%
2024-11$899+0.22%
2024-10$897-0.55%
2024-09$902—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices