Gray Summit, MO
Full City Profile · Missouri
3.8
/5.0
B+
Good
2,847
Population
370/sq mi density
$54,883
Median Income
$28,493 per capita
$140,200
Home Value
$247,522 Zillow
$1,041
Median Rent
28.8% income on rent
55°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$54,883 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$140,200 home value, $1,041/mo rent
C
Education
2.3 / 5.0
16.1% bachelor's degree or higher
Housing Overview
Median Home Value
$140,200
50% below
US avg: $281,900
Median Rent
$1,041/mo
10% below
US avg: $1,163/mo
Homeownership Rate
81.3%
24% above US avg (65.4%)
Total Housing Units
1,056
Median year built: 1984
Home Value by Source
Census Median
$140,200
Zillow (ZHVI)
$247,522
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.3%
Owner-Occupied
18.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$732/mo
1 Bedroom
$775/mo
2 Bedroom
$970/mo
3 Bedroom
$1,265/mo
4 Bedroom
$1,457/mo
Census median rent:
$1,041/mo
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
81.3%
Complete Housing Data
Home Values
| Census Median Value | $140,200 |
| Zillow Home Value (ZHVI) | $247,522 |
Rent
| Census Median Rent | $1,041 |
| FMR Studio | $732 |
| FMR 1-Bedroom | $775 |
| FMR 2-Bedroom | $970 |
| FMR 3-Bedroom | $1,265 |
| FMR 4-Bedroom | $1,457 |
Market
Ownership & Stock
| Owner-Occupied | 81.3% |
| Renter-Occupied | 18.7% |
| Homeownership Rate | 81.3% |
| Total Housing Units | 1,056 |
| Median Year Built | 1984 |
| Rent Burden | 28.8% |