Columbia, MO housing market
Typical home value
$322K
▲ 2.5% 1 yr
Typical rent
$1,464/mo
▲ 5.6% 1 yr
Gross rent yield
5.5%
U.S. 6.3%
5-year home value change
+29%
U.S. +20%
Key takeaways
- 1The typical home in Columbia is worth $321,671, up 2.5% over the past year and up 29% over five years.
- 2Typical rent is $1,464 a month (+5.6% YoY), a gross rent yield of 5.5% (below the Columbia, MO metro's 5.5%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,768/mo, $304 more than typical rent.
- 4Zillow forecasts the Columbia, MO metro's home values to change +2.5% over the next 12 months.
Market temperature (Columbia, MO metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 35/100, #360 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Columbia compares
| Measure | Columbia | Columbia, MO metro | United States |
|---|---|---|---|
| Typical home value | $321,671 | $318,695 | $366,157 |
| Home value, 1-yr change | +2.5% | +2.7% | +1.2% |
| Typical rent | $1,464 | $1,457 | $1,932 |
| Rent, 1-yr change | +5.6% | +5.6% | +2.7% |
| Gross rent yield | 5.5% | 5.5% | 6.3% |
| Price-to-rent ratio | 18.3 | 18.2 | 15.8 |
| Mortgage P&I, typical home | $1,768 | $1,751 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Columbia rental, pre-filled.
Rent vs buy in Columbia
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $322K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.