Cost of Living in Macon County, Missouri

$719/mo
Median Monthly Rent
$127,000
Median Home Value

At a Glance

Median Monthly Rent
$719/mo
6% below state average
Median Home Value
$127,000
55% below national
Rent-to-Income Ratio
27.0%
% 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 Macon County Compares

Median monthly rent comparison

Macon County$719/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$719/mo
Median Gross Rent
$127,000
Median Home Value
$693/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Macon County ranks #1,332 of 3,144 counties for affordability (top 42%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Macon County, Missouri

Macon County affordable for renters nationwide

At 14.8%, Macon County's rent-to-income ratio beats most national markets, signaling good affordability for renters with modest incomes. With median rents of $719 and a median household income of $58,318, the county punches above its weight in housing accessibility.

Below-average costs in Missouri

Macon County's 14.8% rent-to-income ratio sits just below Missouri's state average of 15.6%, making it one of the state's more affordable counties. At $719 monthly rent, it undercuts the state median of $768, benefiting renters on tighter budgets.

Macon rents undercut most peers

Macon County's $719 rent is competitive, landing between Linn County's rock-bottom rates ($612) and the regional middle, while its home values of $127,000 offer entry-level ownership. This positions Macon as an accessible option for first-time buyers and budget-conscious renters alike.

Under 15% of income on rent

Renters in Macon County spend $719 monthly while homeowners average $693, with median home values of $127,000. At 14.8% of income, housing costs remain well-controlled for a county with median household income of just $58,318.

Macon County: affordable rural living

For those seeking small-town charm without breaking the bank, Macon County delivers manageable housing costs and true affordability. If your income is modest, this county's below-state-average rent-to-income ratio makes relocation financially sensible.

Cost of Living Advisory: Macon County

Affordability Verdict

Macon County offers affordable rental housing at a median of $719/month — about 14.8% of the typical household income here.

Rent vs. Own

At $719/month rent versus $693/month in owner costs, owning is roughly $26/month cheaper — a 4% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,760/year. For owner costs at the 28% rule, the required income is roughly $29,700/year. With a median household income of $58,318, most households can comfortably afford rent here. Notably, 27.0% of renter households in Macon County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Monroe County where rent averages $667/month, Macon County is approximately 8% more expensive.

Affordability Calculator

See how your income compares to housing costs in Macon County

$

Rent Burden

14.8%

of gross income

Max Housing (28% Rule)

$1,361

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in Macon County

Median home value is $127,000. Estimated monthly cost: $1,014 vs. your max of $1,361.

Rent Affordability Guide

Your rent-to-income ratio14.8%
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: $58,318Needed: $28,760
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,318Needed: $29,700
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,318Needed: $29,556

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 Macon County, Missouri?
Macon County, Missouri has a median monthly rent of $719/mo and a median home value of $127,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Macon County?
The median gross rent in Macon County is $719/mo. This is 6% below state average for Missouri.
Is Macon County affordable?
Macon County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Macon County's rent compare to the state average?
Macon County's median rent of $719/mo is 6% below state average of $768/mo for Missouri.
What is the median home value in Macon County?
The median home value in Macon County, Missouri is $127,000. This is 55% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Macon County, Missouri? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Macon County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.