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Independence, MO vs Lee's Summit, MO
Side-by-side rent vs. buy comparison using 2026 market data — home prices, rents, price-to-rent ratios, and more.
Head-to-Head Comparison
| Metric | Independence, MO | Lee's Summit, MO | Winner |
|---|---|---|---|
| Median Home Price | $209K | $411K | Independence — More Affordable |
| Average Rent | $1,140/mo | $2,240/mo | Independence — Lower Rent |
| Price-to-Rent Ratio | 15.3× | 15.3× | — |
| Median List Price | $235K | $375K | Independence — Lower List Price |
| Price per Sq Ft | $144/sqft | $174/sqft | Independence — Lower Cost/SqFt |
| Days on Market | 27 days | 31 days | Lee's Summit — Hotter Market |
Frequently Asked Questions
Is it cheaper to live in Independence or Lee's Summit?
Independence has a median home price of $209K and average rent of $1,140/mo, while Lee's Summit has a median home price of $411K and average rent of $2,240/mo.
Should I rent or buy in Independence?
Independence has a price-to-rent ratio of 15.3×. The market is roughly neutral between renting and buying.
Should I rent or buy in Lee's Summit?
Lee's Summit has a price-to-rent ratio of 15.3×. The market is roughly neutral between renting and buying.