Cost of Living in Montgomery County, Missouri
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Montgomery County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Montgomery County ranks #1,028 of 3,142 counties for affordability (top 33%)
Sourced county brief
Montgomery County Official GRAPI Percentage Estimated at 19.3 Percent
Montgomery County has an official median gross rent as a percentage of household income (GRAPI) of 19.3%, which is 6.6 percentage points below the Missouri state unweighted county mean of 25.9%. The median gross rent is $788 per month, slightly above the state unweighted county mean of $783. In the housing ownership market, the median home value is $178,700 and median selected monthly owner costs for all owner-occupied units are $772. These are compared to state unweighted county means of $175,712 and $803, respectively. The median income for renter households is $47,031. This analysis is based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates including tables B25064, B25071, B25077, B25088, and B25119. Data version acs5-2020-2024 and methodologyVersion cost-brief-v1 were last reviewed at 2026-07-10. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Montgomery County
Affordability Verdict
ACS B25071 estimates median gross rent at 19.3% of renter household income in Montgomery 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 $788 per month; median selected monthly owner costs are $772. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $31,520 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. Montgomery County's $788 median is 0.7% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Montgomery County
Rent Burden
14.4%
of gross income
Max Housing (28% Rule)
$1,528
per month
Owner Cost Burden
14.1%
of gross income
You can likely afford the median home in Montgomery County
Median home value is $178,700. Estimated monthly cost: $1,427 vs. your max of $1,528.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Montgomery County, Missouri?
What is the median rent in Montgomery County?
Is Montgomery County affordable?
How does Montgomery County's rent compare to the state average?
What is the median home value in Montgomery County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Montgomery County, Missouri? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Montgomery County
Whether you're buying in Montgomery County, Missouri, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.