Independence, MO
- Overview
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Key Performance Metrics
Market snapshotPerformance indicators for the Independence short-term rental market based on reliable data.
Listings
92 / 212
Reliable / Active
Cap Rate
14%
Middle-Earners Gross Yield
Revenue
$26,843
Middle-Earners Revenue
Occupancy
56%
Middle-Earners Occupancy
Home Value
$199,411
Median Home Sale Price
Top Earners
$54,747
Top-Earners Revenue
Independence
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Independence.
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Generally Investor friendly
Independence Regulations
STRs are explicitly allowed but require multiple steps (pre-verification, portal application, plans, Planning Commission review, annual license and inspection) and carry significant restrictions (500ft separation from other STRs, no events/occupancy by multiple parties/food service, $1M insurance). While compliance is manageable, the distance requirement acts as an effective cap and adds location risk.
Local STR Agent
STR specialist · Independence, MO
About Independence
Independence is the 5th most populous city in Missouri and the county seat of Jackson County. Independence is a satellite city of Kansas City, Missouri, and is the largest suburb on the Missouri side of the Kansas City metropolitan area. In 2020, it had a total population of 123,011.Independence is known as the "Queen City of the Trails" because it was a point of departure for the California, Oregon, and Santa Fe Trails. It is the hometown of U.S. President Harry S. Truman, with the Truman Presidential Library and Museum, and the gravesites of Truman and First Lady Bess Truman. The city is sacred to the Latter Day Saint movement, as the home of Joseph Smith's 1831 Temple Lot, and the headquarters of several Mormon denominations.