CostBy County

Cost of Living in Putnam County, Missouri

$521/mo
Median Monthly Rent
$119,500
Median Home Value

At a Glance

Median Monthly Rent
$521/mo
33% below state average
Median Home Value
$119,500
64% below national
Census GRAPI
29.1%
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 Putnam County Compares

Median monthly rent comparison

Putnam County$521/mo
Missouri Average$783/mo
National Median$1,413/mo

Detailed Housing Stats

$521/mo
Median Gross Rent
$119,500
Median Home Value
$861/mo
Monthly Owner Cost
29.1%
Census GRAPI

National Ranking

Affordability Rank

Putnam County ranks #722 of 3,142 counties for affordability (top 23%)

Most AffordableLeast Affordable

Sourced county brief

Putnam County Median Gross Rent Estimated at 521 Dollars

The median gross rent in Putnam County was estimated at $521 per month, falling $262 below the Missouri unweighted county mean of $783. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 29.1%, a value that is 3.2 percentage points above the state unweighted county mean of 25.9%. In the owner-occupied sector, the median home value was $119,500, which is $56,212 below the Missouri unweighted county mean of $175,712. Median monthly owner costs were $861, compared to the state unweighted county mean of $803. The median renter-household income was recorded at $21,324. These statistics represent a fixed five-year estimate and do not suggest causal factors for housing cost differences. 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: Putnam County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.1% of renter household income in Putnam 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 $521 per month; median selected monthly owner costs are $861. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $20,840 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. Putnam County's $521 median is 33.4% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Putnam County

$

Rent Burden

9.8%

of gross income

Max Housing (28% Rule)

$1,482

per month

Owner Cost Burden

16.3%

of gross income

You can likely afford the median home in Putnam County

Median home value is $119,500. Estimated monthly cost: $954 vs. your max of $1,482.

Rent Affordability Guide

Your entered rent as a share of entered income9.8%
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: $63,510Needed: $20,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $63,510Needed: $36,900
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $63,510Needed: $27,811

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 Putnam County, Missouri?
Putnam County, Missouri has a median monthly rent of $521/mo and a median home value of $119,500. The affordability rating is Affordable, with median gross rent equal to approximately 29.1% of renter household income.
What is the median rent in Putnam County?
The median gross rent in Putnam County is $521/mo. This is 33% below state average for Missouri.
Is Putnam County affordable?
Putnam County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.1%. Median gross rent is under 30% of renter household income.
How does Putnam County's rent compare to the state average?
Putnam County's median rent of $521/mo is 33% below state average of $783/mo for Missouri.
What is the median home value in Putnam County?
The median home value in Putnam County, Missouri is $119,500. This is 64% 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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