Cost of Living in Greene County, Missouri

$940/mo
Median Monthly Rent
$203,500
Median Home Value

At a Glance

Median Monthly Rent
$940/mo
22% above state average
Median Home Value
$203,500
28% 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 Greene County Compares

Median monthly rent comparison

Greene County$940/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$940/mo
Median Gross Rent
$203,500
Median Home Value
$1,001/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Greene County ranks #1,153 of 3,144 counties for affordability (top 37%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Greene County, Missouri

Greene's Rent Burden Outpaces National Norms

Greene County's rent-to-income ratio of 19.6% significantly exceeds the national baseline, making it one of the nation's most challenging rental markets for working families. With a median household income of $57,488 and rents of $940/month, Greene renters spend a notably larger share of earnings on housing than typical Americans.

Greene Ranks Among Missouri's Least Affordable

At 19.6%, Greene County's rent-to-income ratio dramatically exceeds Missouri's state average of 15.6%, marking it as one of the state's toughest rental markets. The median rent of $940 runs $172 above the state average despite a median household income below state norms.

Greene's Rents Far Outpace Regional Peers

Greene's median rent of $940 is the region's highest by a wide margin—$269 more than Dent ($615), $253 more than Gentry ($620), and even $66 more than Franklin ($874). This affordability crunch reflects Greene's larger urban center (Springfield) driving up housing demand and costs.

Housing Consumes Outsized Share of Income

Greene renters allocate a concerning 19.6% of their $57,488 annual income to $940 monthly rent, while homeowners spend 20.9% ($1,001/month) on ownership costs. Both figures approach or exceed the 30% affordability threshold, leaving households limited financial flexibility for emergencies and savings.

Greene: Premium Urban Living Comes at a Cost

Greene County suits relocating professionals with above-median incomes seeking urban amenities and job opportunities in Springfield, but genuine affordability challenges exist for average earners. If your salary significantly exceeds the $57,488 median or you prioritize urban lifestyle over affordability, Greene may justify the premium rents.

Cost of Living Advisory: Greene County

Affordability Verdict

For renters in Greene County, the market is affordable. Expect to pay around $940/month in gross rent, with 29.0% of renter households considered cost-burdened.

Rent vs. Own

At $940/month rent versus $1,001/month in owner costs, renting is roughly $61/month cheaper — a 6% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,600/year. For owner costs at the 28% rule, the required income is roughly $42,900/year. With a median household income of $57,488, most households can comfortably afford rent here. Notably, 29.0% of renter households in Greene County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Buchanan County where rent averages $889/month, Greene County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Greene County

$

Rent Burden

19.6%

of gross income

Max Housing (28% Rule)

$1,341

per month

Owner Cost Burden

20.9%

of gross income

The median home in Greene County may be a stretch

Median home value is $203,500. Estimated monthly cost: $1,625 vs. your max of $1,341.

Rent Affordability Guide

Your rent-to-income ratio19.6%
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: $57,488Needed: $37,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,488Needed: $42,900
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,488Needed: $47,360

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 Greene County, Missouri?
Greene County, Missouri has a median monthly rent of $940/mo and a median home value of $203,500. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Greene County?
The median gross rent in Greene County is $940/mo. This is 22% above state average for Missouri.
Is Greene County affordable?
Greene 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 Greene County's rent compare to the state average?
Greene County's median rent of $940/mo is 22% above state average of $768/mo for Missouri.
What is the median home value in Greene County?
The median home value in Greene County, Missouri is $203,500. This is 28% 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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