How much is a home worth in ZIP code 65203?

The typical home in 65203 is worth $374,797, based on the Zillow Home Value Index.

Are home values rising in 65203?

Home values in 65203 are up 2.1% over the past year, and up 6.2% a year over five years.

What is the typical rent in 65203?

A typical home in 65203 rents for about $1,389 a month, a gross rental yield of 4.4%.

What is the property tax rate in 65203?

The effective property tax rate in 65203 is 0.9% — roughly $3,240 a year on a typical home.

ZIP code 65203 has a population of 61,539 and a median household income of $79,960.

HousingHandbookReference data

…

U.S. ZIP Code · MO65203

Boone County · Columbia, MO

Typical home value

$374,797^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.1%
5-year / yr: +6.2%
10-year / yr: +5.5%

Relative price

vs U.S.: +31.9%
vs metro: +35.0%
vs state: +55.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 65203 is worth $374,797 — 35.0% above the Columbia, MO median. Over the past year, values have risen 2.1%. Homes here rent for a typical $1,389 a month — a 4.4% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,389^[2]
Gross yield: 4.4%^[2]
Cap rate: 2.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $3,240^[3]

#Climate risk

FEMA National Risk Index ratings for Boone County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 61,539^[3]
Median household income: $79,960^[3]

#Migration

Household moves in and out of Boone County over a year, from IRS tax-return data.

Net migration: -50^[5]
Moved in: 5,577
Moved out: 5,627

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 17
Elementary: 9
Middle: 4
High: 4

ROCK BRIDGE SR. HIGH
High · Grades 9–12 · COLUMBIA 93
2,056 students
DAVID H. HICKMAN HIGH
High · Grades 9–12 · COLUMBIA 93
2,035 students
ANN HAWKINS GENTRY MID. SCHOOL
Middle · Grades 6–8 · COLUMBIA 93
730 students
BEULAH RALPH ELEMENTARY
Elementary · Grades K–5 · COLUMBIA 93
677 students
MARY PAXTON KEELEY ELEM.
Elementary · Grades PK–5 · COLUMBIA 93
638 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.4%

Net yield (after ~40% expenses)2.7%

Annual rent$16,671

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,895

Loan principal$299,837

Down payment$74,959

Total interest paid$382,426

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.78

Monthly cost to own$2,476

Monthly rent$1,389

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 50th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 94th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for most populous in MOView list →

Frequently asked

How much is a home worth in ZIP code 65203?: The typical home in 65203 is worth $374,797, based on the Zillow Home Value Index.
Are home values rising in 65203?: Home values in 65203 are up 2.1% over the past year, and up 6.2% a year over five years.
What is the typical rent in 65203?: A typical home in 65203 rents for about $1,389 a month, a gross rental yield of 4.4%.
What is the property tax rate in 65203?: The effective property tax rate in 65203 is 0.9% — roughly $3,240 a year on a typical home.
Who lives in 65203?: ZIP code 65203 has a population of 61,539 and a median household income of $79,960.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

65256 vs 65203 →
Harrisburg, MO
Typical home
$371,341
Gross yield
—
65010 vs 65203 →
Ashland, MO
Typical home
$365,385
Gross yield
—
65255
Hallsville, MO
Typical home
$356,982
Gross yield
—
65201
Columbia, MO
Typical home
$339,272
Gross yield
5.2%
65284
Sturgeon, MO
Typical home
$335,468
Gross yield
—
65279
Rocheport, MO
Typical home
$419,282
Gross yield
—

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#Jump to section

U.S. ZIP Code · MO65203

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