Cost of Living in Lawrence County, Missouri

$785/mo
Median Monthly Rent
$159,800
Median Home Value
2% above state averageUnaffordable

At a Glance

Median Monthly Rent
$785/mo
2% above state average
Median Home Value
$159,800
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 Lawrence County Compares

Median monthly rent comparison

Lawrence County$785/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$785/mo
Median Gross Rent
$159,800
Median Home Value
$790/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lawrence County, Missouri

Lawrence County affords moderate relief

Lawrence County renters spend 16.9% of income on housing, modestly below the national burden of 18.3%, offering some affordability advantage. Median household income of $55,849 lags the U.S. average, yet lower rents of $785 monthly ease the load.

Slightly above Missouri average affordability

Lawrence County's rent-to-income ratio of 16.9% slightly exceeds Missouri's state average of 15.6%, but its $785 rent is notably below the state median of $768. The modest premium reflects slightly lower incomes offset by reasonable housing costs.

Good value in regional context

Lawrence County's $785 rent is significantly cheaper than Jasper ($904) and Jefferson ($972) but higher than Knox ($661) and Lewis ($627). With moderate income of $55,849, Lawrence offers balanced affordability—better than Jasper, worse than Knox.

Housing fits modestly in budget

Renters pay $785 monthly while homeowners spend $790 from a $55,849 median household income. Housing consumes roughly 17% of pre-tax income for renters and 17% for owners—manageable but requiring careful household budgeting.

Solid value for rural-leaning seekers

Lawrence County balances lower housing costs with moderate income, positioning it between affordability-first Knox and income-focused Jefferson. If you want better rent than Jasper with more economic vitality than the smallest counties, Lawrence merits consideration.

Affordability Calculator

See how your income compares to housing costs in Lawrence County

$

Rent Burden

16.9%

of gross income

Max Housing (28% Rule)

$1,303

per month

Owner Cost Burden

17.0%

of gross income

You can likely afford the median home in Lawrence County

Median home value is $159,800. Estimated monthly cost: $1,276 vs. your max of $1,303.

Rent Affordability Guide

Your rent-to-income ratio16.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lawrence County, Missouri?
Lawrence County, Missouri has a median monthly rent of $785/mo and a median home value of $159,800. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Lawrence County?
The median gross rent in Lawrence County is $785/mo. This is 2% above state average for Missouri.
Is Lawrence County affordable?
Lawrence 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 Lawrence County's rent compare to the state average?
Lawrence County's median rent of $785/mo is 2% above state average of $768/mo for Missouri.
What is the median home value in Lawrence County?
The median home value in Lawrence County, Missouri is $159,800. 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.