Cost of Living in Nodaway County, Missouri

$754/mo
Median Monthly Rent
$165,100
Median Home Value
2% below state averageUnaffordable

At a Glance

Median Monthly Rent
$754/mo
2% below state average
Median Home Value
$165,100
41% 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 Nodaway County Compares

Median monthly rent comparison

Nodaway County$754/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$754/mo
Median Gross Rent
$165,100
Median Home Value
$758/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Nodaway County, Missouri

Nodaway Renters Face Above-Average Strain

Nodaway County's rent-to-income ratio of 16.2% exceeds the national baseline, meaning renters here dedicate a larger portion of their $55,970 median income to housing than the typical American household. Despite relatively low rent of $754 per month, income constraints create measurable affordability pressure.

Below Missouri Average, But Tighter Than Peers

Nodaway County's 16.2% rent-to-income ratio edges slightly above Missouri's 15.6% state average, placing it in the middle tier of Missouri counties for affordability. The county's median rent of $754 matches the state average almost exactly, yet lower household income drives the affordability challenge.

Affordable Rent, but Income Lags the Region

Nodaway's $754 rent represents the lowest in its region, yet its median household income of $55,970 is substantially below Newton County ($64,583) and Osage County ($75,355). This income-to-rent mismatch explains why Nodaway renters feel affordability pressure despite competitive rental prices.

A Tight Housing Budget in Nodaway

Renters pay $754 monthly while homeowners spend $758, consuming 16.2% and 16.2% of the median income respectively—uncomfortably high by national standards. The near-parity between rent and ownership costs offers renters little advantage when household income struggles to keep pace.

Nodaway Works If Income Rises With You

Nodaway County offers genuinely low housing costs, but the county's affordability gains evaporate if your household income doesn't exceed $55,970. Test whether a prospective job move would push your income above the county median to unlock true housing affordability.

Affordability Calculator

See how your income compares to housing costs in Nodaway County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,306

per month

Owner Cost Burden

16.3%

of gross income

The median home in Nodaway County may be a stretch

Median home value is $165,100. Estimated monthly cost: $1,318 vs. your max of $1,306.

Rent Affordability Guide

Your rent-to-income ratio16.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Nodaway County, Missouri?
Nodaway County, Missouri has a median monthly rent of $754/mo and a median home value of $165,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Nodaway County?
The median gross rent in Nodaway County is $754/mo. This is 2% below state average for Missouri.
Is Nodaway County affordable?
Nodaway 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 Nodaway County's rent compare to the state average?
Nodaway County's median rent of $754/mo is 2% below state average of $768/mo for Missouri.
What is the median home value in Nodaway County?
The median home value in Nodaway County, Missouri is $165,100. This is 41% 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.