Cost of Living in Texas County, Missouri

$647/mo
Median Monthly Rent
$123,300
Median Home Value
16% below state averageUnaffordable

At a Glance

Median Monthly Rent
$647/mo
16% below state average
Median Home Value
$123,300
56% below national
Rent-to-Income Ratio
27.0%
% 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 Texas County Compares

Median monthly rent comparison

Texas County$647/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$647/mo
Median Gross Rent
$123,300
Median Home Value
$658/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Texas County, Missouri

Texas County's low incomes offset cheap rents

Texas County's 16.2% rent-to-income ratio sits above the national average, yet its $647 median rent is among the lowest in the state. The challenge lies in the county's depressed median household income of just $48,055—the lowest among these eight counties—which narrows affordability despite bargain rents.

Affordable rents in an economically struggling county

Texas County offers below-average rents at $647, well below the state median of $768, but its 16.2% rent-to-income ratio still exceeds Missouri's 15.6% average. The county's economic challenges—reflected in its lowest median income—drive this paradox.

Second-cheapest rents regionally

Texas County's $647 rent trails only Wayne County ($632) in the region, making it among the most affordable for cost-conscious renters. However, the county's $48,055 median income—lowest here—means even cheap rents strain household budgets.

Minimal housing costs, minimal income

Renters in Texas County pay just $647 monthly and homeowners $658—the lowest costs in this group—but the median household income of $48,055 means housing still consumes 16.2% of gross income for renters and 16.4% for owners. The economic challenge isn't housing prices; it's earning power.

Cheapest housing, toughest job market

Texas County delivers the second-lowest rents in the region at $647 and home values under $125,000, ideal for those relocating on tight budgets. However, the county's median income of $48,055 signals a weaker job market—weigh housing savings against employment opportunities elsewhere.

Affordability Calculator

See how your income compares to housing costs in Texas County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,121

per month

Owner Cost Burden

16.4%

of gross income

You can likely afford the median home in Texas County

Median home value is $123,300. Estimated monthly cost: $984 vs. your max of $1,121.

Rent Affordability Guide

Your rent-to-income ratio16.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Texas County, Missouri?
Texas County, Missouri has a median monthly rent of $647/mo and a median home value of $123,300. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Texas County?
The median gross rent in Texas County is $647/mo. This is 16% below state average for Missouri.
Is Texas County affordable?
Texas County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Texas County's rent compare to the state average?
Texas County's median rent of $647/mo is 16% below state average of $768/mo for Missouri.
What is the median home value in Texas County?
The median home value in Texas County, Missouri is $123,300. This is 56% 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.