Cost of Living in Lewis County, Missouri

$627/mo
Median Monthly Rent
$118,900
Median Home Value

At a Glance

Median Monthly Rent
$627/mo
18% below state average
Median Home Value
$118,900
58% below national
Rent-to-Income Ratio
24.0%
% 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 Lewis County Compares

Median monthly rent comparison

Lewis County$627/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$627/mo
Median Gross Rent
$118,900
Median Home Value
$655/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Lewis County ranks #436 of 3,144 counties for affordability (top 14%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Lewis County, Missouri

Lewis County delivers exceptional affordability

Lewis County renters spend just 14.4% of income on housing, well below the national burden of 18.3%, making it one of Missouri's most affordable counties. Median household income of $52,340 is modest, yet monthly rent of only $627 creates a favorable ratio.

Among Missouri's most affordable counties

Lewis County's rent-to-income ratio of 14.4% beats Missouri's state average of 15.6%, while its $627 median rent is the second-lowest in the regional comparison. This combination places Lewis near the top tier of Missouri county affordability.

Ultra-low rents, minimal income impact

Lewis County's $627 rent is the second-cheapest regionally, trailing only Knox County's $661 by just $34 monthly. Despite similar or slightly lower incomes than neighboring counties, Lewis residents enjoy exceptional housing affordability.

Housing leaves breathing room

Renters spend just $627 monthly while homeowners average $655 from a $52,340 median household income. Housing accounts for only 14–15% of pre-tax income, allowing residents with tight budgets to allocate resources toward savings and essentials.

Best-in-class housing affordability

Lewis County rivals Knox as Missouri's most affordable county for renters and buyers seeking low housing costs. If you prioritize exceptional affordability and embrace rural living, Lewis County's combination of minimal rent and low ratios makes it an outstanding choice.

Cost of Living Advisory: Lewis County

Affordability Verdict

For renters in Lewis County, the market is affordable. Expect to pay around $627/month in gross rent, with 24.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Lewis County pay $627/month on average, compared to $655/month for homeowners. This market favors renters by about 4%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,080/year. For owner costs at the 28% rule, the required income is roughly $28,071/year. With a median household income of $52,340, most households can comfortably afford rent here. Notably, 24.0% of renter households in Lewis County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Grundy County where rent averages $679/month, Lewis County is approximately 8% less expensive.

Affordability Calculator

See how your income compares to housing costs in Lewis County

$

Rent Burden

14.4%

of gross income

Max Housing (28% Rule)

$1,221

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Lewis County

Median home value is $118,900. Estimated monthly cost: $949 vs. your max of $1,221.

Rent Affordability Guide

Your rent-to-income ratio14.4%
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: $52,340Needed: $25,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,340Needed: $28,071
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,340Needed: $27,671

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 Lewis County, Missouri?
Lewis County, Missouri has a median monthly rent of $627/mo and a median home value of $118,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Lewis County?
The median gross rent in Lewis County is $627/mo. This is 18% below state average for Missouri.
Is Lewis County affordable?
Lewis County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lewis County's rent compare to the state average?
Lewis County's median rent of $627/mo is 18% below state average of $768/mo for Missouri.
What is the median home value in Lewis County?
The median home value in Lewis County, Missouri is $118,900. This is 58% 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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