Cost of Living in Gasconade County, Missouri

$671/mo
Median Monthly Rent
$168,900
Median Home Value

At a Glance

Median Monthly Rent
$671/mo
13% below state average
Median Home Value
$168,900
40% below national
Rent-to-Income Ratio
21.0%
% 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 Gasconade County Compares

Median monthly rent comparison

Gasconade County$671/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$671/mo
Median Gross Rent
$168,900
Median Home Value
$695/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Gasconade County ranks #659 of 3,144 counties for affordability (top 21%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Gasconade County, Missouri

Gasconade's Affordability Beats Most of America

Gasconade County's rent-to-income ratio of 12.4% ranks among the nation's best, meaning renters here spend less of their paychecks on housing than most Americans. With a median household income of $65,096 and affordable rents of $671/month, Gasconade offers genuine housing value.

Gasconade Leads Missouri on Housing Affordability

At 12.4%, Gasconade County boasts Missouri's lowest rent-to-income ratio in this group, beating the state average of 15.6% by 3.2 percentage points. The county strikes a rare balance: solid incomes ($65,096) paired with reasonable rents ($671), creating a strong affordability advantage.

Gasconade Outshines Regional Competition on Value

Gasconade's 12.4% rent-to-income ratio edges out even Gentry County (12.9%) and far surpasses Douglas (16.5%) and Dunklin (16.0%). At $671/month rent and $695 ownership costs, Gasconade delivers middle-ground pricing with above-average local income to back it up.

Renters and Owners Both Find Comfort Here

Gasconade renters spend just 12.4% of their $65,096 annual income on $671 monthly rent, while homeowners allocate 12.8% ($695/month) toward ownership costs. Both figures sit well below the 30% affordability threshold, leaving households substantial income for savings, healthcare, and other essentials.

Gasconade: Balanced Affordability, Real Value

Gasconade County represents Missouri's sweet spot for relocating families: reasonable rents ($671), solid homeownership costs ($695), and above-average incomes ($65,096) create genuine housing affordability. If you value rural or small-town living without sacrificing financial flexibility, Gasconade delivers better value than most regional alternatives.

Cost of Living Advisory: Gasconade County

Affordability Verdict

Gasconade County is affordable for renters, with a median gross rent of $671/month representing approximately 12.4% of median household income. The rent burden (GRAPI) stands at 21.0%.

Rent vs. Own

At $671/month rent versus $695/month in owner costs, renting is roughly $24/month cheaper — a 3% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,840/year. For owner costs at the 28% rule, the required income is roughly $29,786/year. With a median household income of $65,096, most households can comfortably afford rent here. Notably, 21.0% of renter households in Gasconade County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Gasconade County sits 8% more expensive than Gentry County ($620/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Gasconade County

$

Rent Burden

12.4%

of gross income

Max Housing (28% Rule)

$1,519

per month

Owner Cost Burden

12.8%

of gross income

You can likely afford the median home in Gasconade County

Median home value is $168,900. Estimated monthly cost: $1,348 vs. your max of $1,519.

Rent Affordability Guide

Your rent-to-income ratio12.4%
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: $65,096Needed: $26,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,096Needed: $29,786
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $65,096Needed: $39,308

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 Gasconade County, Missouri?
Gasconade County, Missouri has a median monthly rent of $671/mo and a median home value of $168,900. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Gasconade County?
The median gross rent in Gasconade County is $671/mo. This is 13% below state average for Missouri.
Is Gasconade County affordable?
Gasconade County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gasconade County's rent compare to the state average?
Gasconade County's median rent of $671/mo is 13% below state average of $768/mo for Missouri.
What is the median home value in Gasconade County?
The median home value in Gasconade County, Missouri is $168,900. This is 40% 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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