Cost of Living in Audrain County, Missouri

$698/mo
Median Monthly Rent
$121,600
Median Home Value

At a Glance

Median Monthly Rent
$698/mo
9% below state average
Median Home Value
$121,600
57% below national
Rent-to-Income Ratio
27.0%
% 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 Audrain County Compares

Median monthly rent comparison

Audrain County$698/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$698/mo
Median Gross Rent
$121,600
Median Home Value
$652/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Audrain County ranks #1,484 of 3,144 counties for affordability (top 47%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Audrain County, Missouri

Audrain keeps housing costs below state average

Audrain County's 14.9% rent-to-income ratio edges just below Missouri's 15.6% state average, despite household incomes 25% below the national median. This positions Audrain as an affordability-conscious county where housing remains manageable relative to local earnings.

Audrain ranks as affordable in Missouri's middle

Audrain County sits in the better half of Missouri counties for housing affordability, with a rent-to-income ratio just under the state average of 15.6%. The county's modest home values of $121,600 reflect steady, sustainable demand without speculative pressure.

Audrain undercuts Adair but trails Atchison

Audrain's median rent of $698 runs 11% cheaper than Adair County ($782) but 17% higher than the county's best bargain, Atchison ($595). Among this peer group, Audrain represents solid middle-ground housing costs with reasonable home values.

Tight budget requires careful housing choices

Renters pay $698 monthly while homeowners invest $652, with median home values at $121,600—a modest but sustainable level. The $56,232 household income means housing consumes just under 15% of gross earnings, leaving limited cushion for emergencies or savings.

Audrain works for stable renters seeking value

If you prioritize affordable rental costs and can sustain steady employment locally, Audrain offers below-state-average housing burdens without extreme isolation. The county suits individuals or couples with stable $55,000+ incomes who value Midwest charm and modest expenses over rapid home equity growth.

Cost of Living Advisory: Audrain County

Affordability Verdict

Audrain County offers affordable rental housing at a median of $698/month — about 14.9% of the typical household income here.

Rent vs. Own

Renters in Audrain County pay $698/month on average, compared to $652/month for homeowners. This market favors buyers by about 7%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,920/year. For owner costs at the 28% rule, the required income is roughly $27,943/year. With a median household income of $56,232, most households can comfortably afford rent here. Notably, 27.0% of renter households in Audrain County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Texas County where rent averages $647/month, Audrain County is approximately 8% more expensive.

Affordability Calculator

See how your income compares to housing costs in Audrain County

$

Rent Burden

14.9%

of gross income

Max Housing (28% Rule)

$1,312

per month

Owner Cost Burden

13.9%

of gross income

You can likely afford the median home in Audrain County

Median home value is $121,600. Estimated monthly cost: $971 vs. your max of $1,312.

Rent Affordability Guide

Your rent-to-income ratio14.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,232Needed: $27,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,232Needed: $27,943
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,232Needed: $28,300

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Audrain County, Missouri?
Audrain County, Missouri has a median monthly rent of $698/mo and a median home value of $121,600. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Audrain County?
The median gross rent in Audrain County is $698/mo. This is 9% below state average for Missouri.
Is Audrain County affordable?
Audrain County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Audrain County's rent compare to the state average?
Audrain County's median rent of $698/mo is 9% below state average of $768/mo for Missouri.
What is the median home value in Audrain County?
The median home value in Audrain County, Missouri is $121,600. This is 57% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

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

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Audrain County

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

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.