Warrensburg, MO

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Warrensburg short-term rental market based on reliable data.

Listings

56 / 113

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$18,353

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$272,571

Median Home Sale Price

Top Earners

$33,413

Top-Earners Revenue

Warrensburg

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Warrensburg.

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B

Generally Investor friendly

Warrensburg Regulations

Warrensburg explicitly allows STRs in most districts (R2–R4, BO, CB, GB) with R1 requiring a conditional use permit, and provides clear licensing, a moderate annual fee ($125), annual inspections, and basic performance standards with no caps; while inspections create a recurring compliance step, the process and tone are supportive and predictable.

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About Warrensburg

Warrensburg is a small city in Johnson County, in the west-central part of Missouri, with a population of roughly twenty thousand. It serves as the county seat and is best known as the home of the University of Central Missouri, one of the oldest public universities west of the Mississippi and a defining presence in the community. The city carries a classic Midwestern college-town feel, anchored by a brick-faced historic courthouse square and a steady rhythm of campus life, athletics, and cultural events. Warrensburg sits about sixty miles southeast of Kansas City along U.S. Route 50, making it a natural overnight stop for travelers crossing the state and an easy base for exploring the surrounding countryside.

The University of Central Missouri campus is the city's central landmark, with tree-lined walks, an old central library, and the multipurpose Mules and Jennies athletic program drawing regular game-day visitors. Beyond the campus, the surrounding countryside offers some of the most accessible outdoor recreation in the region. Knob Noster State Park, known for its pine-covered hills and clear spring-fed streams, lies only about twelve miles east of town, just outside the gates of Whiteman Air Force Base, and offers hiking, horseback riding, and lake fishing. It is one of the most popular day-trip destinations in Johnson County and tends to fill with campers and trail users on weekends.

Warrensburg also has a notable claim to local history in Old Drum, a dog whose death prompted Senator George Vest's famous 1870s "Eulogy of the Dog," a speech still taught in American law schools. A memorial to Old Drum stands in the town, and the story is part of the broader identity of the Johnson County seat. For a different kind of outing, Powell Gardens, a sizeable botanical garden, is about thirty miles to the northwest toward Kansas City and draws visitors year-round with its themed plantings, walking trails, and seasonal festivals.

In between these bigger draws, downtown Warrensburg offers the kind of locally owned cafés, antique shops, and small galleries that give college towns their lived-in texture, and the courthouse square hosts community events through much of the year. With the Kansas City metro roughly an hour to the northwest and both the Lake of the Ozarks and Truman Lake within day-trip range to the south and east, the city is well placed for owners looking to host visiting families, university guests, and travelers passing through on Route 50. Its combination of small-town walkability, a year-round institutional population, and proximity to some of central Missouri's best outdoor spaces makes Warrensburg a quietly appealing place to base a short-term rental.

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