For 64093, the central tension is a cooling observed asking-rent path alongside a materially stronger direct resale price reading. In June 2026, Zillow’s ZIP-level ZORI is $1,043 per month. It is a typical observed asking-rent index blended across rental types, rather than a lease quote for a specified property, unit size, or utility package. The five-digit label is both a Zillow ZIP market identifier and a Census ZCTA match. A ZCTA is a statistical area and is not identical to a USPS delivery ZIP, so geographic matching improves comparability but does not make each underlying evidence universe the same.
Zillow’s same-month rent history shows increases of 2.37% over one year, 4.60% annualized over three years, and 5.13% annualized over five years. The recent direction therefore breaks from, rather than confirms, the stronger longer-run rent path: the index remains higher than a year earlier, but its latest gain is slower. History coverage is 100%, with annualized monthly-return variability of 2.21% and a maximum drawdown of 1.06%. The transparent national discovery ranks among history-eligible ZIPs, where lower rank is higher, are 859 for momentum, 302 for stability, and 248 for the balanced measure. These are backward-looking measurements, not forecasts or investment recommendations. The observed variability and drawdown provide context for the current snapshot, but an index reading remains less precise than a current quote for a particular available rental.
Different rent sources answer different questions. The ACS 2024 five-year survey for the matched ZCTA reports median gross rent of $899 among occupied renter homes; it includes selected utilities, and Zillow’s index is 16.0% above that survey median. The local HUD FY 2026 two-bedroom FMR is $965, with the Zillow index 8.1% above that administrative standard. HUD FMR or SAFMR is a bedroom-specific administrative standard, not asking rent. Scaling the ZIP ZORI by the local HUD ladder produces modelled monthly estimates of $875 for a studio, $881 for one bedroom, $1,043 for two bedrooms, $1,450 for three bedrooms, and $1,750 for four bedrooms. These are modelled estimates, never measured bedroom rents.
An arithmetic income screen based on the current Zillow index produces annual gross income of $41,720 at the 30% threshold. The matched ZCTA’s ACS median household income is $61,094, but that all-household measure should not be treated as the income of an actual renter or applicant. The 30% required-income screen is arithmetic, not advice or an applicant qualification rule. Separately, ACS estimates that 2,068 of 4,989 renter households were rent burdened at 30% or more of income, a 41.5% share. That burden result is a survey estimate with sampling uncertainty and describes renter households collectively; it does not establish affordability, payment history, or conditions for any particular tenant or unit.
The matched ZCTA’s housing stock offers a separate view of rental supply context. Of 11,743 housing units, 7,710 are single-family, with the balance in other structure types. There are 707 vacant units, a 6.0% vacancy rate, including 131 units classified as vacant for rent. Renter occupancy accounts for 45.2% of occupied homes. These figures describe aggregate stock composition and vacancy categories rather than a live listing inventory. In particular, the vacant-for-rent count does not demonstrate that a specific unit is currently available, appropriately sized, competitively priced, in a given condition, or offered on particular lease terms.
For wider context only, the City of Warrensburg context rent is $1,042.63, the Johnson County context rent is $1,027, and the Warrensburg, MO metro context rent matches the county figure. The city context also has a higher renter share and reported rent burden than the matched ZCTA, while the county context has a higher vacancy rate and the metro context reports a lower rent-to-income relationship. These city, county, and metro figures are broader geographic context, not replacements for the direct ZIP Zillow index, the matched ZCTA survey estimates, or the ZIP resale observation. They help identify where 64093 sits within nearby aggregates, without establishing that any address follows the aggregate pattern.
Redfin’s direct rolling-three-month ZIP resale observation is in a different market universe: it records a median sold price of $284,686, up 10.77% year over year. The same resale record shows 135 homes sold, median marketing time of 31 days, inventory of 115 homes, 2.6 months of supply, and an average sale-to-list relationship of 97.66%. Every one of these is a for-sale market signal, not a rental transaction or rental comparable. The resale price increase is in tension with the slower recent Zillow rent growth and challenges any simple extension of the cooling rent history into the resale market. It also means the income arithmetic for asking rent should not be mistaken for a description of resale-market conditions.
Annualized ZIP ZORI divided by the Redfin median sold price produces a 4.4% cross-source screening ratio only. It combines a typical asking-rent index with a median resale price and does not measure property-specific operating costs, financing, taxes, insurance, repairs, concessions, lease-up timing, or realized transaction terms. Address-level interpretation requires current comparable asking rents by actual bedroom count, the offered lease rent and included utilities, concessions, availability, property type, physical condition, recent relevant sale evidence, and any ownership costs not represented here. The key unresolved question is whether the specific property’s current lease and physical facts align with these aggregate rental, survey, administrative, and resale signals.