A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Springfield vs Florissant vs Independence vs Hazelwood

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Springfield

MO

$1,203

YoY change
+3.5%
Vacancy
3.9%
2-BR rent
Cap rate
Renter share
56.1%

Florissant

MO

$1,542

YoY change
+4.7%
Vacancy
4.7%
2-BR rent
Cap rate
Renter share
32.9%

Independence

MO

$1,323

YoY change
+4.1%
Vacancy
3.4%
2-BR rent
Cap rate
Renter share
39.1%

Hazelwood

MO

$1,359

YoY change
+4.2%
Vacancy
6.6%
2-BR rent
Cap rate
Renter share
40.9%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Springfield vs Florissant vs Independence vs Hazelwood

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric SpringfieldFlorissantIndependenceHazelwood
Median household income $49,311$65,318$60,339$55,908
Median age 33.737.63938.4
Renter household share 56.1%32.9%39.1%40.9%
YoY rent change +3.5%+4.7%+4.1%+4.2%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.