Cost of Living in Polk County, Missouri

$792/mo
Median Monthly Rent
$189,600
Median Home Value
3% above state averageUnaffordable

At a Glance

Median Monthly Rent
$792/mo
3% above state average
Median Home Value
$189,600
33% below national
Rent-to-Income Ratio
29.0%
% 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 Polk County Compares

Median monthly rent comparison

Polk County$792/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$792/mo
Median Gross Rent
$189,600
Median Home Value
$805/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Polk County, Missouri

Polk rents pinch slightly harder

Polk County residents spend 16.8% of income on rent, exceeding Missouri's 15.6% state average and pushing toward national affordability stress. With median household income of $56,686—well below the national $74,755—the combination creates moderate housing pressure.

Above-average strain for Missouri

Polk County ranks in the less affordable tier of Missouri counties, with a 16.8% rent-to-income ratio that exceeds the state average by 1.2 percentage points. This gap, though modest, signals that local incomes lag housing costs more than typical statewide.

Middle ground between bargains and pricey

Polk's $792 median rent sits slightly higher than Pike ($742) and Phelps ($801), while home values of $189,600 align closely with Phelps ($194,900). Polk occupies the middle of regional pricing, making it neither bargain nor burden.

Renters and owners share the strain

Renters pay $792/month (16.8% of income) and homeowners $805/month (17.0% of income), mirroring each other and suggesting comparable affordability stress across housing types. Both pathways consume roughly a sixth of household income, putting Polk in the tightness zone.

Polk offers stability at fair prices

Polk County suits relocators seeking reasonable housing costs and moderate community size without extreme affordability challenges. Compare it with Pike County if you want to shave costs further, or Platte if you're targeting a stronger job market.

Affordability Calculator

See how your income compares to housing costs in Polk County

$

Rent Burden

16.8%

of gross income

Max Housing (28% Rule)

$1,323

per month

Owner Cost Burden

17.0%

of gross income

The median home in Polk County may be a stretch

Median home value is $189,600. Estimated monthly cost: $1,514 vs. your max of $1,323.

Rent Affordability Guide

Your rent-to-income ratio16.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Polk County, Missouri?
Polk County, Missouri has a median monthly rent of $792/mo and a median home value of $189,600. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Polk County?
The median gross rent in Polk County is $792/mo. This is 3% above state average for Missouri.
Is Polk County affordable?
Polk County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Polk County's rent compare to the state average?
Polk County's median rent of $792/mo is 3% above state average of $768/mo for Missouri.
What is the median home value in Polk County?
The median home value in Polk County, Missouri is $189,600. This is 33% 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.