CostBy County

Cost of Living in Callaway County, Missouri

$887/mo
Median Monthly Rent
$201,600
Median Home Value

At a Glance

Median Monthly Rent
$887/mo
13% above state average
Median Home Value
$201,600
39% below national
Census GRAPI
24.5%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Callaway County Compares

Median monthly rent comparison

Callaway County$887/mo
Missouri Average$783/mo
National Median$1,413/mo

Detailed Housing Stats

$887/mo
Median Gross Rent
$201,600
Median Home Value
$939/mo
Monthly Owner Cost
24.5%
Census GRAPI

National Ranking

Affordability Rank

Callaway County ranks #1,845 of 3,142 counties for affordability (bottom 41%)

Most AffordableLeast Affordable

Sourced county brief

Median Gross Rent in Callaway County Reaches $887 Per Month

Median gross rent in Callaway County is $887 per month, which is $104 above the Missouri unweighted county mean of $783. The official median gross rent as a percentage of household income (GRAPI) is 24.5%, according to ACS table B25071. This official GRAPI is 1.4 percentage points lower than the Missouri unweighted county mean of 25.9%. For households renting their homes, the median renter-household income was recorded at $44,888. In the owner-occupied housing sector, the median home value is $201,600, which is $25,888 above the Missouri unweighted county mean of $175,712. Median selected monthly owner costs for all owner-occupied units were estimated at $939, compared to the unweighted county mean for the state of $803. These figures are based on the American Community Survey 5-Year Estimates for 2020-2024. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Callaway County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.5% of renter household income in Callaway County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $887 per month; median selected monthly owner costs are $939. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $35,480 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Missouri unweighted mean of county median rents is $783 per month. Callaway County's $887 median is 13.3% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Callaway County

$

Rent Burden

14.3%

of gross income

Max Housing (28% Rule)

$1,731

per month

Owner Cost Burden

15.2%

of gross income

You can likely afford the median home in Callaway County

Median home value is $201,600. Estimated monthly cost: $1,609 vs. your max of $1,731.

Rent Affordability Guide

Your entered rent as a share of entered income14.3%
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: $74,176Needed: $35,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $74,176Needed: $40,243
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $74,176Needed: $46,918

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 Callaway County, Missouri?
Callaway County, Missouri has a median monthly rent of $887/mo and a median home value of $201,600. The affordability rating is Affordable, with median gross rent equal to approximately 24.5% of renter household income.
What is the median rent in Callaway County?
The median gross rent in Callaway County is $887/mo. This is 13% above state average for Missouri.
Is Callaway County affordable?
Callaway County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.5%. Median gross rent is under 30% of renter household income.
How does Callaway County's rent compare to the state average?
Callaway County's median rent of $887/mo is 13% above state average of $783/mo for Missouri.
What is the median home value in Callaway County?
The median home value in Callaway County, Missouri is $201,600. This is 39% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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