Cost of Living in Vernon County, Missouri

$722/mo
Median Monthly Rent
$136,700
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$722/mo
6% below state average
Median Home Value
$136,700
52% below national
Rent-to-Income Ratio
23.0%
% 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 Vernon County Compares

Median monthly rent comparison

Vernon County$722/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$722/mo
Median Gross Rent
$136,700
Median Home Value
$698/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Vernon County, Missouri

Vernon County hovers near national averages

Vernon County's 15.9% rent-to-income ratio sits marginally above the national baseline, while its $722 median rent falls below Missouri's $768 state average. At $54,519 in median household income, Vernon's affordability mirrors typical rural Missouri conditions.

Middle ground for Missouri renters

Vernon County's 15.9% rent-to-income ratio hovers just above Missouri's 15.6% state average, placing it in the moderate affordability tier—neither among the best nor the worst statewide. The $722 rent offers modest savings compared to state norms.

Moderate rents between peers

Vernon County's $722 rent sits comfortably between Texas County's bargain $647 and Stone County's pricier $892, offering a middle-ground option for renters. It undercuts the regional average while remaining accessible to the county's $54,519 median income.

Balanced housing costs across tenures

Renters in Vernon County pay $722 monthly while homeowners carry $698 costs—nearly equal burdens reflecting balanced affordability. With $54,519 median household income, housing consumes 15.9% for renters and 15.4% for homeowners, both within reasonable limits.

Vernon County splits the difference

Vernon County offers solid middle-ground affordability with $722 rents and $136,700 home values, neither the cheapest nor most expensive in the region. If you're relocating and want average conditions without extremes, Vernon delivers balanced housing costs and economic opportunity.

Affordability Calculator

See how your income compares to housing costs in Vernon County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,272

per month

Owner Cost Burden

15.4%

of gross income

You can likely afford the median home in Vernon County

Median home value is $136,700. Estimated monthly cost: $1,091 vs. your max of $1,272.

Rent Affordability Guide

Your rent-to-income ratio15.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Vernon County, Missouri?
Vernon County, Missouri has a median monthly rent of $722/mo and a median home value of $136,700. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Vernon County?
The median gross rent in Vernon County is $722/mo. This is 6% below state average for Missouri.
Is Vernon County affordable?
Vernon County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Vernon County's rent compare to the state average?
Vernon County's median rent of $722/mo is 6% below state average of $768/mo for Missouri.
What is the median home value in Vernon County?
The median home value in Vernon County, Missouri is $136,700. This is 52% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Vernon County, Missouri? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Vernon County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.