CostBy County

Cost of Living in Grundy County, Missouri

$696/mo
Median Monthly Rent
$112,500
Median Home Value

At a Glance

Median Monthly Rent
$696/mo
11% below state average
Median Home Value
$112,500
66% below national
Census GRAPI
24.4%
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 Grundy County Compares

Median monthly rent comparison

Grundy County$696/mo
Missouri Average$783/mo
National Median$1,413/mo

Detailed Housing Stats

$696/mo
Median Gross Rent
$112,500
Median Home Value
$608/mo
Monthly Owner Cost
24.4%
Census GRAPI

National Ranking

Affordability Rank

Grundy County ranks #324 of 3,142 counties for affordability (top 10%)

Most AffordableLeast Affordable

Sourced county brief

Grundy County Renter Median Household Income Estimated at 28,227 Dollars

In Grundy County, the median income for renter households was estimated at $28,227 according to the ACS 2020-2024 5-Year Estimates. The official median gross rent as a percentage of household income (GRAPI) in the county was 24.4%, which is 1.5 percentage points below the Missouri unweighted county mean of 25.9%. Median gross rent was recorded at $696 per month, while the state unweighted county mean was $783. For owner-occupied units, the median monthly owner cost was $608, compared to the Missouri unweighted county mean of $803. The median value of homes in the county was $112,500, a figure $63,212 lower than the state unweighted county mean of $175,712. These statistics are snapshot observations and do not explain the reasons for the values shown. See ACS table B25119 for the underlying estimate.

Cost of Living Advisory: Grundy County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.4% of renter household income in Grundy 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 $696 per month; median selected monthly owner costs are $608. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $27,840 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. Grundy County's $696 median is 11.1% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Grundy County

$

Rent Burden

16.1%

of gross income

Max Housing (28% Rule)

$1,213

per month

Owner Cost Burden

14.0%

of gross income

You can likely afford the median home in Grundy County

Median home value is $112,500. Estimated monthly cost: $898 vs. your max of $1,213.

Rent Affordability Guide

Your entered rent as a share of entered income16.1%
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: $51,975Needed: $27,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $51,975Needed: $26,057
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $51,975Needed: $26,182

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 Grundy County, Missouri?
Grundy County, Missouri has a median monthly rent of $696/mo and a median home value of $112,500. The affordability rating is Affordable, with median gross rent equal to approximately 24.4% of renter household income.
What is the median rent in Grundy County?
The median gross rent in Grundy County is $696/mo. This is 11% below state average for Missouri.
Is Grundy County affordable?
Grundy County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.4%. Median gross rent is under 30% of renter household income.
How does Grundy County's rent compare to the state average?
Grundy County's median rent of $696/mo is 11% below state average of $783/mo for Missouri.
What is the median home value in Grundy County?
The median home value in Grundy County, Missouri is $112,500. This is 66% 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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