Cost of Living in Bates County, Missouri

$760/mo
Median Monthly Rent
$154,800
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$760/mo
1% below state average
Median Home Value
$154,800
45% below national
Rent-to-Income Ratio
29.0%
% 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 Bates County Compares

Median monthly rent comparison

Bates County$760/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$760/mo
Median Gross Rent
$154,800
Median Home Value
$783/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Bates County, Missouri

Bates hovers just above state housing average

Bates County's 15.8% rent-to-income ratio sits marginally above Missouri's 15.6% state average, reflecting typical rural Missouri housing pressures on moderate incomes. The county's $57,914 median household income runs 22% below the national median.

Bates ranks firmly in Missouri's middle tier

Bates County occupies the middle ground in Missouri's affordability landscape, with rent-to-income and home value metrics reflecting average statewide conditions. The county neither stands out as a bargain nor signals serious affordability stress.

Bates rents competitive with regional peers

Bates' $760 median rent falls between Audrain ($698) and Adair ($782), positioning it squarely in the region's mainstream. Median home values of $154,800 suggest stable but modest appreciation potential compared to higher-demand Ozark counties.

Owners pay slightly more than renters

Renters allocate $760 monthly while homeowners pay $783—an unusual situation where monthly owner costs exceed rents—with median home values at $154,800. The $57,914 median household income means housing claims 15.8% of gross earnings for renters, leaving modest room for savings.

Bates offers balance for modest-income families

If you earn $55,000–$60,000 and value stability over rapid appreciation, Bates delivers straightforward housing economics and community roots. The county works well for families prioritizing school quality and rural character over major career advancement or significant home equity growth.

Affordability Calculator

See how your income compares to housing costs in Bates County

$

Rent Burden

15.7%

of gross income

Max Housing (28% Rule)

$1,351

per month

Owner Cost Burden

16.2%

of gross income

You can likely afford the median home in Bates County

Median home value is $154,800. Estimated monthly cost: $1,236 vs. your max of $1,351.

Rent Affordability Guide

Your rent-to-income ratio15.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Bates County, Missouri?
Bates County, Missouri has a median monthly rent of $760/mo and a median home value of $154,800. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Bates County?
The median gross rent in Bates County is $760/mo. This is 1% below state average for Missouri.
Is Bates County affordable?
Bates County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bates County's rent compare to the state average?
Bates County's median rent of $760/mo is 1% below state average of $768/mo for Missouri.
What is the median home value in Bates County?
The median home value in Bates County, Missouri is $154,800. This is 45% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.