Cost of Living in Andrew County, Missouri

$944/mo
Median Monthly Rent
$196,200
Median Home Value
23% above state averageUnaffordable

At a Glance

Median Monthly Rent
$944/mo
23% above state average
Median Home Value
$196,200
30% below national
Rent-to-Income Ratio
24.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Andrew County Compares

Median monthly rent comparison

Andrew County$944/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$944/mo
Median Gross Rent
$196,200
Median Home Value
$879/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Andrew County, Missouri

Andrew punches above Missouri's affordability weight

Andrew County's 15.3% rent-to-income ratio beats Missouri's state average of 15.6% and sits well below the national norm, thanks to an above-average median household income of $74,007. The county ranks as one of Missouri's better-positioned communities for housing affordability relative to earnings.

Among Missouri's most affordable counties

Andrew County stands in the top tier of Missouri for housing affordability, with a rent-to-income ratio below the state average and household incomes matching the national median. This favorable combination makes Andrew one of the state's sweet spots for both renters and homeowners.

Andrew's higher incomes offset higher rents

At $944 monthly, Andrew's median rent runs above neighbors like Adair ($782) and the state average ($768), yet the county's strong median income of $74,007 keeps the rent burden reasonable. Residents here earn substantially more than their rural Missouri neighbors, enabling them to absorb higher housing costs.

Strong earnings support Andrew's housing market

Renters pay $944 monthly while homeowners invest $879, with median home values reaching $196,200—the highest among these eight counties. The $74,007 median household income means housing represents a manageable 15% of gross earnings, leaving ample resources for other expenses.

Andrew offers stability for seekers of balance

If you're relocating with a solid income (around $75,000+), Andrew delivers housing costs aligned with your earnings and homes appreciating steadily in value. This county rewards employed professionals seeking a stable, affordable Midwest base without sacrificing community amenities.

Affordability Calculator

See how your income compares to housing costs in Andrew County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,727

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in Andrew County

Median home value is $196,200. Estimated monthly cost: $1,566 vs. your max of $1,727.

Rent Affordability Guide

Your rent-to-income ratio15.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Andrew County, Missouri?
Andrew County, Missouri has a median monthly rent of $944/mo and a median home value of $196,200. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Andrew County?
The median gross rent in Andrew County is $944/mo. This is 23% above state average for Missouri.
Is Andrew County affordable?
Andrew County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Andrew County's rent compare to the state average?
Andrew County's median rent of $944/mo is 23% above state average of $768/mo for Missouri.
What is the median home value in Andrew County?
The median home value in Andrew County, Missouri is $196,200. This is 30% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Andrew County, Missouri? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Andrew County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.