Cost of Living in Howell County, Missouri

$722/mo
Median Monthly Rent
$161,000
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$722/mo
6% below state average
Median Home Value
$161,000
43% below national
Rent-to-Income Ratio
26.0%
% 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 Howell County Compares

Median monthly rent comparison

Howell County$722/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$722/mo
Median Gross Rent
$161,000
Median Home Value
$634/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Howell County, Missouri

Howell's rents strain modest incomes

Howell County's rent-to-income ratio of 17.4% sits noticeably above Missouri's state average of 15.6%, signaling affordability challenges for renters. With median household income at $49,814 and monthly rents of $722, housing costs edge toward financial strain.

Above-average rent burden statewide

At 17.4%, Howell County ranks among Missouri's less affordable counties, exceeding the state median by 1.8 percentage points. This gap reflects lower incomes paired with housing demand that outpaces regional norms.

Pricier with lower incomes

Howell County's $722 rent falls between Henry ($740) and Harrison ($666), but combined with the lowest median income in its peer group ($49,814), creates relative affordability pressure. Its $161,000 median home value suggests investment appeal despite rental strain.

Rents outpace income growth

Renters pay $722 monthly on a median household income of just $49,814, consuming 17.4% of earnings—approaching concerning levels. Owners spend $634 monthly (15.3% of income), giving homebuyers a relative advantage over renters here.

Howell favors homebuyers over renters

Relocating renters should weigh Howell's above-average rent burden against its lower home values and investment potential—buying might offer better long-term economics. If you're moving with solid income or purchasing power, Howell's stronger home appreciation prospects may justify the higher cost of living.

Affordability Calculator

See how your income compares to housing costs in Howell County

$

Rent Burden

17.4%

of gross income

Max Housing (28% Rule)

$1,162

per month

Owner Cost Burden

15.3%

of gross income

The median home in Howell County may be a stretch

Median home value is $161,000. Estimated monthly cost: $1,285 vs. your max of $1,162.

Rent Affordability Guide

Your rent-to-income ratio17.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Howell County, Missouri?
Howell County, Missouri has a median monthly rent of $722/mo and a median home value of $161,000. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Howell County?
The median gross rent in Howell County is $722/mo. This is 6% below state average for Missouri.
Is Howell County affordable?
Howell County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Howell County's rent compare to the state average?
Howell County's median rent of $722/mo is 6% below state average of $768/mo for Missouri.
What is the median home value in Howell County?
The median home value in Howell County, Missouri is $161,000. This is 43% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.