Cost of Living in Ralls County, Missouri

$765/mo
Median Monthly Rent
$153,400
Median Home Value
0% below state averageUnaffordable

At a Glance

Median Monthly Rent
$765/mo
0% below state average
Median Home Value
$153,400
46% below national
Rent-to-Income Ratio
21.0%
% 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 Ralls County Compares

Median monthly rent comparison

Ralls County$765/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$765/mo
Median Gross Rent
$153,400
Median Home Value
$667/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Ralls County, Missouri

Ralls balances income and rent well

Ralls County's 14.8% rent-to-income ratio sits comfortably below Missouri's 15.6% average and approaches the national affordability sweet spot. At $765/month, median rent runs just shy of the state average, while a median household income of $62,054 provides solid purchasing power.

Ralls ranks among Missouri's best

Ralls County claims one of Missouri's most affordable rent-to-income ratios at 14.8%, putting it in the state's better-off tier for housing affordability. This balance reflects both modest rents and reasonable local incomes.

Ralls sits in the sweet middle

Ralls' $765 median rent nearly matches Pike ($742) while staying well below Phelps ($801) and Pulaski ($1,072), offering genuine affordability without the rock-bottom isolation of rural Putnam. Median home values of $153,400 fall in the middle range, balancing price and market activity.

Both renting and owning feel fair

Renters spend $765/month (14.8% of income) and homeowners $667/month (12.9% of income), with owner costs notably lower and both figures suggesting comfortable affordability. The $98 monthly advantage of homeownership makes purchasing strategically appealing.

Ralls offers affordable small-town living

Ralls County suits those seeking affordability without the isolation of ultra-rural counties, offering reasonable rents and solid homeownership value. Compare Ralls with Pike for similar prices but slightly better income levels, or with Putnam if you want the absolute lowest costs.

Affordability Calculator

See how your income compares to housing costs in Ralls County

$

Rent Burden

14.8%

of gross income

Max Housing (28% Rule)

$1,448

per month

Owner Cost Burden

12.9%

of gross income

You can likely afford the median home in Ralls County

Median home value is $153,400. Estimated monthly cost: $1,225 vs. your max of $1,448.

Rent Affordability Guide

Your rent-to-income ratio14.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Ralls County, Missouri?
Ralls County, Missouri has a median monthly rent of $765/mo and a median home value of $153,400. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Ralls County?
The median gross rent in Ralls County is $765/mo. This is 0% below state average for Missouri.
Is Ralls County affordable?
Ralls County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ralls County's rent compare to the state average?
Ralls County's median rent of $765/mo is 0% below state average of $768/mo for Missouri.
What is the median home value in Ralls County?
The median home value in Ralls County, Missouri is $153,400. This is 46% 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.