CostBy County

Cost of Living in Polk County, Missouri

$814/mo
Median Monthly Rent
$205,800
Median Home Value

At a Glance

Median Monthly Rent
$814/mo
4% above state average
Median Home Value
$205,800
38% below national
Census GRAPI
28.4%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Polk County Compares

Median monthly rent comparison

Polk County$814/mo
Missouri Average$783/mo
National Median$1,413/mo

Detailed Housing Stats

$814/mo
Median Gross Rent
$205,800
Median Home Value
$875/mo
Monthly Owner Cost
28.4%
Census GRAPI

National Ranking

Affordability Rank

Polk County ranks #1,442 of 3,142 counties for affordability (top 46%)

Most AffordableLeast Affordable

Sourced county brief

Polk County Median Home Value Estimated at 205,800 Dollars

The median home value in Polk County was estimated at $205,800, which is $30,088 above the Missouri unweighted county mean of $175,712. For owner-occupied units, the median monthly owner cost was $875, exceeding the state unweighted county mean of $803. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 28.4%, which is 2.5 percentage points above the Missouri unweighted county mean of 25.9%. The median gross rent for the county was $814 per month, compared to the state unweighted county mean of $783. Median renter-household income was recorded at $33,030. This summary represents a snapshot of the housing environment based on 2020-2024 American Community Survey estimates and does not provide financial or relocation advice. Data Version: acs5-2020-2024; Methodology Version: cost-brief-v1; Last Reviewed At: 2026-07-10. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Polk County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.4% of renter household income in Polk 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 $814 per month; median selected monthly owner costs are $875. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,560 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. Polk County's $814 median is 4.0% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Polk County

$

Rent Burden

16.4%

of gross income

Max Housing (28% Rule)

$1,392

per month

Owner Cost Burden

17.6%

of gross income

The median home in Polk County may be a stretch

Median home value is $205,800. Estimated monthly cost: $1,643 vs. your max of $1,392.

Rent Affordability Guide

Your entered rent as a share of entered income16.4%
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: $59,647Needed: $32,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,647Needed: $37,500
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,647Needed: $47,895

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 Polk County, Missouri?
Polk County, Missouri has a median monthly rent of $814/mo and a median home value of $205,800. The affordability rating is Affordable, with median gross rent equal to approximately 28.4% of renter household income.
What is the median rent in Polk County?
The median gross rent in Polk County is $814/mo. This is 4% above state average for Missouri.
Is Polk County affordable?
Polk County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.4%. Median gross rent is under 30% of renter household income.
How does Polk County's rent compare to the state average?
Polk County's median rent of $814/mo is 4% above state average of $783/mo for Missouri.
What is the median home value in Polk County?
The median home value in Polk County, Missouri is $205,800. This is 38% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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