Cost of Living in Barry County, Missouri

$750/mo
Median Monthly Rent
$172,900
Median Home Value

At a Glance

Median Monthly Rent
$750/mo
2% below state average
Median Home Value
$172,900
39% below national
Rent-to-Income Ratio
26.0%
% 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 Barry County Compares

Median monthly rent comparison

Barry County$750/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$750/mo
Median Gross Rent
$172,900
Median Home Value
$724/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Barry County ranks #2,006 of 3,144 counties for affordability (bottom 36%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Barry County, Missouri

Barry's rent burden edges above state norm

Barry County's 15.9% rent-to-income ratio runs above Missouri's state average of 15.6% and well above the national median, squeezed by incomes 24% below the national average. Renters here face a tighter squeeze than their rural Missouri peers.

Barry ranks in the less affordable tier

Barry County sits among the more expensive Missouri counties for renters, with a 15.9% rent-to-income ratio that trails affordable leaders like Atchison and Andrew. The combination of lower-than-average incomes and higher-than-average rents creates affordability pressure.

Barry's rents climb despite moderate home values

Barry's $750 median rent sits above Atchison ($595) and Audrain ($698) but trails Adair ($782), while median home values of $172,900 suggest market stability. The county balances higher rents with substantial owner costs, creating challenges for renters on modest incomes.

Owners fare better than renters in Barry

Renters allocate $750 monthly while homeowners pay $724—an unusual advantage for owners—with median home values at $172,900 supporting appreciation potential. The $56,611 median household income means renters dedicate 16% of earnings to housing, while owners gain equity.

Barry appeals to first-time homebuyers

If you're ready to transition from renting to owning, Barry offers home values under $175,000 with owner costs nearly matching rent—a rare arbitrage opportunity. Relocating families with $55,000+ household incomes should prioritize homeownership here rather than renting to maximize wealth-building.

Cost of Living Advisory: Barry County

Affordability Verdict

Barry County is affordable for renters, with a median gross rent of $750/month representing approximately 15.9% of median household income. The rent burden (GRAPI) stands at 26.0%.

Rent vs. Own

Renters in Barry County pay $750/month on average, compared to $724/month for homeowners. This market favors buyers by about 3%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,000/year. For owner costs at the 28% rule, the required income is roughly $31,029/year. With a median household income of $56,611, most households can comfortably afford rent here. Notably, 26.0% of renter households in Barry County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Hickory County where rent averages $699/month, Barry County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Barry County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,321

per month

Owner Cost Burden

15.3%

of gross income

The median home in Barry County may be a stretch

Median home value is $172,900. Estimated monthly cost: $1,380 vs. your max of $1,321.

Rent Affordability Guide

Your rent-to-income ratio15.9%
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: $56,611Needed: $30,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,611Needed: $31,029
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,611Needed: $40,239

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 Barry County, Missouri?
Barry County, Missouri has a median monthly rent of $750/mo and a median home value of $172,900. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Barry County?
The median gross rent in Barry County is $750/mo. This is 2% below state average for Missouri.
Is Barry County affordable?
Barry County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Barry County's rent compare to the state average?
Barry County's median rent of $750/mo is 2% below state average of $768/mo for Missouri.
What is the median home value in Barry County?
The median home value in Barry County, Missouri is $172,900. This is 39% below the national median home value of $281,900.

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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.

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