Cost of Living in Ozark County, Missouri

$626/mo
Median Monthly Rent
$156,400
Median Home Value

At a Glance

Median Monthly Rent
$626/mo
18% below state average
Median Home Value
$156,400
45% below national
Rent-to-Income Ratio
23.0%
% 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 Ozark County Compares

Median monthly rent comparison

Ozark County$626/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$626/mo
Median Gross Rent
$156,400
Median Home Value
$494/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Ozark County ranks #573 of 3,144 counties for affordability (top 18%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Ozark County, Missouri

Ozark County: Below National Affordability

Ozark County's 17.8% rent-to-income ratio exceeds the national baseline, as renters dedicate nearly one-fifth of their $42,329 median income to housing costs. The county's bargain-basement rent of $626 per month provides only limited relief when household incomes fall this far below national averages.

Among Missouri's Most Challenged Markets

Ozark County's 17.8% rent-to-income ratio exceeds Missouri's 15.6% state average, ranking the county among the state's least affordable despite having among its cheapest rents. The county's primary challenge is income scarcity, not housing cost inflation.

Cheapest Rent Can't Offset Low Income

Ozark County's $626 rent is the region's lowest, yet its $42,329 median income matches Oregon County's crisis level and trails peers by $10,000-33,000. Low housing costs alone cannot solve an income problem that affects all aspects of household financial security.

Limited Budgets After Housing Costs

Renters in Ozark County spend $626 monthly on rent—17.8% of their $42,329 income—while homeowners commit $494, consuming 14% and leaving tight margins for non-housing expenses. Despite ownership's lower cost, both groups face constrained household budgets.

Ozark County Requires Income Strategy

Ozark County's ultra-low rents ($626) appeal only if you're relocating to employment substantially above the $42,329 county median, ideally $55,000+. Without a concrete, high-paying job opportunity, the county's cheap housing masks underlying affordability challenges.

Cost of Living Advisory: Ozark County

Affordability Verdict

Ozark County is affordable for renters, with a median gross rent of $626/month representing approximately 17.7% of median household income. The rent burden (GRAPI) stands at 23.0%.

Rent vs. Own

The median rent in Ozark County is $626/month, while owner costs run $494/month. Owning saves approximately $132/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,040/year. For owner costs at the 28% rule, the required income is roughly $21,171/year. With a median household income of $42,329, most households can comfortably afford rent here. Notably, 23.0% of renter households in Ozark County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Ozark County sits 8% less expensive than Bollinger County ($677/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Ozark County

$

Rent Burden

17.7%

of gross income

Max Housing (28% Rule)

$988

per month

Owner Cost Burden

14.0%

of gross income

The median home in Ozark County may be a stretch

Median home value is $156,400. Estimated monthly cost: $1,249 vs. your max of $988.

Rent Affordability Guide

Your rent-to-income ratio17.7%
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: $42,329Needed: $25,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,329Needed: $21,171
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,329Needed: $36,399

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 Ozark County, Missouri?
Ozark County, Missouri has a median monthly rent of $626/mo and a median home value of $156,400. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Ozark County?
The median gross rent in Ozark County is $626/mo. This is 18% below state average for Missouri.
Is Ozark County affordable?
Ozark County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ozark County's rent compare to the state average?
Ozark County's median rent of $626/mo is 18% below state average of $768/mo for Missouri.
What is the median home value in Ozark County?
The median home value in Ozark County, Missouri is $156,400. This is 45% 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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