Cost of Living in Randolph County, Missouri

$742/mo

Median Monthly Rent

$141,900

Median Home Value

3% below state averageUnaffordable

At a Glance

Median Monthly Rent

$742/mo

3% below state average

Median Home Value

$141,900

50% 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 Randolph County Compares

Median monthly rent comparison

Randolph County$742/mo

Missouri Average$768/mo

National Median$1,163/mo

Detailed Housing Stats

$742/mo

Median Gross Rent

$141,900

Median Home Value

$795/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Randolph County, Missouri

Randolph rents climb above state norm

Randolph County's 16.1% rent-to-income ratio exceeds Missouri's 15.6% state average, reflecting moderate housing pressure on local paychecks. With median household income of $55,310—among the region's lowest—the $742 monthly rent takes a larger-than-typical slice of income.

Slightly less affordable than Missouri average

Randolph County ranks in the less affordable half of Missouri counties, with a 16.1% rent-to-income ratio that edges above the state average. This gap, though narrow, signals local incomes lag housing costs more than typical.

Randolph mirrors Pike's rental price

Randolph's $742 median rent exactly matches Pike County's, yet Randolph's lower income ($55,310 vs. $57,572) creates slightly more affordability strain. Home values near $141,900 sit between Pike's ($129,400) and Phelps' ($194,900), keeping Randolph in the affordable-to-moderate range.

Renters feel the squeeze more

Renters spend $742/month (16.1% of income) while homeowners pay $795/month (17.2% of income), putting both groups in moderate affordability stress. The 1.1 percentage-point gap suggests renting and owning carry comparable burdens, with no clear advantage.

Randolph offers solid value carefully

Randolph County suits those seeking modest costs in a small-town setting, though its affordability lags Pike County at the same rent. If you're relocating here, compare with Pike (same rent, better income potential) or Putnam (lower rent, similar size).

Affordability Calculator

See how your income compares to housing costs in Randolph County

Your Annual Household Income

Rent Burden

16.1%

of gross income

Max Housing (28% Rule)

$1,291

per month

Owner Cost Burden

17.2%

of gross income

You can likely afford the median home in Randolph County

Median home value is $141,900. Estimated monthly cost: $1,133 vs. your max of $1,291.

Rent Affordability Guide

Your rent-to-income ratio16.1%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Randolph County, Missouri?

Randolph County, Missouri has a median monthly rent of $742/mo and a median home value of $141,900. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Randolph County?

The median gross rent in Randolph County is $742/mo. This is 3% below state average for Missouri.

Is Randolph County affordable?

Randolph 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 Randolph County's rent compare to the state average?

Randolph County's median rent of $742/mo is 3% below state average of $768/mo for Missouri.

What is the median home value in Randolph County?

The median home value in Randolph County, Missouri is $141,900. This is 50% below the national median home value of $281,900.