Cost of Living in Cape Girardeau County, Missouri

$881/mo

Median Monthly Rent

$208,300

Median Home Value

15% above state averageUnaffordable

At a Glance

Median Monthly Rent

$881/mo

15% above state average

Median Home Value

$208,300

26% below national

Rent-to-Income Ratio

28.0%

% 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 Cape Girardeau County Compares

Median monthly rent comparison

Cape Girardeau County$881/mo

Missouri Average$768/mo

National Median$1,163/mo

Detailed Housing Stats

$881/mo

Median Gross Rent

$208,300

Median Home Value

$980/mo

Monthly Owner Cost

28.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Cape Girardeau County, Missouri

Cape Girardeau near national affordability norm

Cape Girardeau County's 15.3% rent-to-income ratio sits just below the state average of 15.6% and approaches the national norm. With median household income of $68,912 and rent at $881, the county offers solid affordability for a mid-sized regional hub.

Average affordability, above-average income

Cape Girardeau County ranks fifth in this group with a 15.3% rent-to-income ratio, benefiting from above-average household income of $68,912. This income advantage keeps housing burdens manageable despite rents above the state average.

Regional balance with good earnings

Cape Girardeau County's $881 rent and 15.3% ratio sit in the middle band of the region—above affordable Caldwell (12.1%) and Callaway (14.0%), below tight Boone (18.2%). Its $68,912 income ranks third, supporting reasonable housing costs.

Strong earnings, balanced housing share

Cape Girardeau County households earn $68,912 annually and allocate 15.3% to rent ($881) or $980 for ownership on median homes valued at $208,300. Income levels support both rental and ownership pathways comfortably.

Cape Girardeau: solid middle ground

Relocating to Cape Girardeau County offers above-average income ($68,912), manageable rent at 15.3% of earnings, and home values ($208,300) that balance affordability with appreciation potential. It's an ideal choice for those seeking regional balance.

Affordability Calculator

See how your income compares to housing costs in Cape Girardeau County

Your Annual Household Income

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,608

per month

Owner Cost Burden

17.1%

of gross income

The median home in Cape Girardeau County may be a stretch

Median home value is $208,300. Estimated monthly cost: $1,663 vs. your max of $1,608.

Rent Affordability Guide

Your rent-to-income ratio15.3%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Cape Girardeau County, Missouri?

Cape Girardeau County, Missouri has a median monthly rent of $881/mo and a median home value of $208,300. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.

What is the median rent in Cape Girardeau County?

The median gross rent in Cape Girardeau County is $881/mo. This is 15% above state average for Missouri.

Is Cape Girardeau County affordable?

Cape Girardeau County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Cape Girardeau County's rent compare to the state average?

Cape Girardeau County's median rent of $881/mo is 15% above state average of $768/mo for Missouri.

What is the median home value in Cape Girardeau County?

The median home value in Cape Girardeau County, Missouri is $208,300. This is 26% below the national median home value of $281,900.