homesbycounty

Housing decision brief

Dallas County, MO Housing Market

Dallas County screens as a below-state purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

51st lowest home value out of 115 Missouri counties with data | 36th lowest rent out of 115

Median home value

$151,200

Purchase-price signal from Census ACS.

Median rent

$685/mo

Gross rent, including utilities where reported.

Monthly owner cost

$656/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

2.8x

Median home value divided by local household income.

Rent burden

28.0%

Below 30% usually screens as less pressured.

Rent vs own

$29/mo

Median owner cost screens below median rent.

Data confidence

2 notes

Home-value estimate has a $38,948 ACS margin of error.

What Works

Lower purchase price

$151,200 median home value is 3% below Missouri county median

Lower rent

$685/mo is 9% below Missouri county median

Rent burden below pressure line

28.00% of renter income goes to rent, below the 30% burden threshold.

Owning screens cheaper than renting

Median owner costs are $29/mo below median rent before individual mortgage terms.

What to Check

Lower income base

$53,177 median income is 7% below Missouri county median

Health context

Health score is 23.5 out of 100, so affordability should be weighed against local health indicators.

Crime data coverage

Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.

Wide home-value margin

The ACS margin of error on home value is $38,948, so exact rankings should be read as directional.

Best Fit For

  • Buyers comparing homes to local incomes
  • Households weighing ownership against renting
  • Remote earners or cash buyers looking below the state price line

Poor Fit For

  • Households dependent on a deep local wage market
  • Anyone treating reported crime rates as complete without source context

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Dallas County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$151,200$156,400$281,900
Near state median3% below Missouri county median

Median gross rent

Lower usually helps affordability.

$685$754$1,163
9% favorable9% below Missouri county median

Monthly owner cost

Lower usually helps affordability.

$656$716$1,672
8% favorable8% below Missouri county median

Median household income

$53,177$57,488$74,755
7% pressure7% below Missouri county median

Effective property-tax rate

Lower usually helps affordability.

0.48%0.74%1.02%
35% favorable35% below Missouri county median

Rent burden

Lower usually helps affordability.

28.00%26.00%N/A
8% pressure28.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$53,177
Income for median rent$27,400
Income for median owner cost$28,114

Rent cushion

+$25,777

Median income minus rent threshold.

Owner cushion

+$25,063

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

Housing in Dallas County is affordable. The median rent is $685/month against a median household income of $53,177, putting rent at 15.5% of income.

Rent vs own

At $685/month rent versus $656/month in owner costs, owning is roughly $29/month cheaper , a 4% difference.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,400/year. For owner costs at the 28% rule, the required income is roughly $28,114/year. With a median household income of $53,177, most households can comfortably afford rent here. Notably, 28.0% of renter households in Dallas County are cost-burdened, spending more than 30% of income on housing.

Regional context

Dallas County sits 7% less expensive than Stoddard County ($737/month) in terms of median gross rent.

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Dent County, MO$149,700$615/moSame-state comparison near $149,700 home value and $615/mo rent.
Bollinger County, MO$142,400$677/moSame-state comparison near $142,400 home value and $677/mo rent.
Monroe County, MO$147,400$667/moSame-state comparison near $147,400 home value and $667/mo rent.
Douglas County, MO$164,400$687/moSame-state comparison near $164,400 home value and $687/mo rent.
Dade County, MO$157,200$650/moSame-state comparison near $157,200 home value and $650/mo rent.

Housing Questions for Dallas County

Is Dallas County affordable for buying a home?
Dallas County has a home-value-to-income ratio of 2.8x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Dallas County?
Median rent is $685/mo and median monthly owner cost is $656/mo. On this screen, owning is cheaper before individual loan terms.
How much income do you need for housing in Dallas County?
To keep rent near 30% of income, the median rent implies about $27,400 in annual income. Using a 28% owner-cost screen, median owner costs imply about $28,114 in annual income.
What should I double-check before moving to Dallas County?
Double-check lower income base, health context, crime data coverage. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

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