Cost of Living in Dade County, Missouri

$650/mo
Median Monthly Rent
$157,200
Median Home Value

At a Glance

Median Monthly Rent
$650/mo
15% below state average
Median Home Value
$157,200
44% below national
Rent-to-Income Ratio
24.0%
% 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 Dade County Compares

Median monthly rent comparison

Dade County$650/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$650/mo
Median Gross Rent
$157,200
Median Home Value
$651/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Dade County ranks #2,171 of 3,144 counties for affordability (bottom 31%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Dade County, Missouri

Lowest incomes, affordable rents

Dade County's median household income of $49,899 is among the nation's lowest, yet renters spend just 15.6% on housing—matching the national ratio and beating Missouri's average of 15.6%. The median rent of $650 reflects the county's rural character and economic challenges, though affordability is surprisingly stable.

Lowest income, balanced ratio

Dade County has Missouri's lowest median household income among these eight counties at $49,899, but its 15.6% rent-to-income ratio meets the state average exactly. The median rent of $650 ranks among the state's cheapest, offsetting the county's income disadvantage.

Cheapest rents in the region

Dade County's median rent of $650 is the lowest among all eight counties studied, undercutting Dallas County ($685), Daviess County ($731), and all others. However, the county's median income of $49,899 is also the lowest regionally, making the low rents a reflection of economic conditions rather than housing value.

15.6% of income to rent

Households in Dade County earn a median of $49,899 annually and allocate roughly $650 monthly to rent or $651 for ownership, consuming 15.6% of gross income. The near-parity between rent and ownership costs reflects the county's modest home values of $157,200.

Lowest cost, but lowest incomes

Dade County offers the region's cheapest housing, but prospective residents should understand this reflects limited employment opportunities and lower wages statewide. If stable, above-average income is achievable in your field, Dade's low costs could stretch your budget far; otherwise, consider counties with stronger job markets.

Cost of Living Advisory: Dade County

Affordability Verdict

Dade County offers affordable rental housing at a median of $650/month — about 15.6% of the typical household income here.

Rent vs. Own

The median rent in Dade County is $650/month, while owner costs run $651/month. Renting saves approximately $1/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,000/year. For owner costs at the 28% rule, the required income is roughly $27,900/year. With a median household income of $49,899, most households can comfortably afford rent here. Notably, 24.0% of renter households in Dade County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Dade County sits 7% less expensive than Holt County ($702/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Dade County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,164

per month

Owner Cost Burden

15.7%

of gross income

The median home in Dade County may be a stretch

Median home value is $157,200. Estimated monthly cost: $1,255 vs. your max of $1,164.

Rent Affordability Guide

Your rent-to-income ratio15.6%
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: $49,899Needed: $26,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,899Needed: $27,900
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,899Needed: $36,585

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 Dade County, Missouri?
Dade County, Missouri has a median monthly rent of $650/mo and a median home value of $157,200. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Dade County?
The median gross rent in Dade County is $650/mo. This is 15% below state average for Missouri.
Is Dade County affordable?
Dade County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Dade County's rent compare to the state average?
Dade County's median rent of $650/mo is 15% below state average of $768/mo for Missouri.
What is the median home value in Dade County?
The median home value in Dade County, Missouri is $157,200. This is 44% 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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