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Average Rent in Lee S Summit 64063 & Rent Trends

Rent prices and market trends across 1 apartment community in Lee S Summit 64063, Lee S Summit, MO. Updated daily.

Market Average

$1,942/mo

▲ +3.8% from last month

Lowest Available

$1,853/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

10

available now

Lee S Summit 64063 vs Lee S Summit, MO Average

Lee S Summit 64063 is more expensive the Lee S Summit, MO average by $288/mo (17%). The citywide average is $1,654/mo across all neighborhoods.

Is Rent Going Up or Down in Lee S Summit 64063?

As of June 2026, the average rent in Lee S Summit 64063 is $1,942 per month across 1 apartment community and 10 available units. Rents have increased $63 (3.8%) over the past month.

The most affordable option is Elevate 114 Apartments of Lee's Summit starting at $1,853/mo. By unit type, a 2-bedroom averages $1,942/mo.

Prices range from $1,853 to $2,129 per month. The most common price point is the $1,800 range, where 7 units are currently listed.

Lee S Summit 64063 Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Lee S Summit 64063

2 Bed
$1,942
from $1,853 · 10 units

Rent Prices by Apartment in Lee S Summit 64063

Property Starting at Average Units Rating
Elevate 114 Apartments of Lee's Summit $1,853/mo $1,942/mo 10 4.5

Frequently Asked Questions About Rent in Lee S Summit 64063

What is the average rent in Lee S Summit 64063?

The average rent in Lee S Summit 64063 is $1,942 per month as of June 2026, based on 10 units across 1 apartment communities.

Is rent going up or down in Lee S Summit 64063?

Rent in Lee S Summit 64063 has increased $63 (3.8%) over the past month. The current average is $1,942/mo.

What is the cheapest apartment in Lee S Summit 64063?

The most affordable apartment in Lee S Summit 64063 is Elevate 114 Apartments of Lee's Summit with units starting at $1,853/mo.

How many apartments are available in Lee S Summit 64063?

There are 10 units available across 1 apartment communities in Lee S Summit 64063.

What salary do I need to live comfortably in Lee S Summit 64063?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$78,000/year

Based on the 30 percent rule, using our tracked average rent of $1,942/mo.

Comfortable income

$93,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,853/mo), you need to earn at least $74,000/year.

Median household income in Lee S Summit 64063 is $104,989 , about 13% above the comfortable-living threshold.

Cost of living in Lee S Summit 64063

Overall prices in Lee S Summit 64063 runs below the national average by about 7% (BEA Regional Price Parity index 93.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lee S Summit 64063's regional price parities.

Category Monthly estimate
Rent (market average) $1,942
Utilities $378
Groceries $521
Transportation $902
Healthcare $440
Other goods and services $704
Estimated total $4,887/mo

Population

102,583

Median household income

$104,989

Census median rent

$1,382/mo

Rent as % of income

29.3%

Median age

38.6

Mean commute

26 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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