homesbycounty

Housing decision brief

Marion County, MO Housing Market

Marion County screens as a higher purchase price, rent that needs comparison, a higher 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.

63rd lowest home value out of 115 Missouri counties with data | 85th lowest rent out of 115

Median home value

$158,100

Purchase-price signal from Census ACS.

Median rent

$813/mo

Gross rent, including utilities where reported.

Monthly owner cost

$692/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

2.5x

Median home value divided by local household income.

Rent burden

24.0%

Below 30% usually screens as less pressured.

Rent vs own

$121/mo

Median owner cost screens below median rent.

Data confidence

1 note

Crime coverage is partial, so safety comparisons need source context.

What Works

Rent burden below pressure line

24.00% of renter income goes to rent, below the 30% burden threshold.

Owning screens cheaper than renting

Median owner costs are $121/mo below median rent before individual mortgage terms.

What to Check

Tax rate needs attention

0.87% effective property-tax rate is 18% above Missouri county median

Health context

Health score is 41.4 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.

Best Fit For

  • Buyers comparing homes to local incomes
  • Renters trying to keep rent below the burden threshold
  • Households weighing ownership against renting

Poor Fit For

  • 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 Marion 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.

$158,100$156,400$281,900
Near state median1% above Missouri county median

Median gross rent

Lower usually helps affordability.

$813$754$1,163
8% pressure8% above Missouri county median

Monthly owner cost

Lower usually helps affordability.

$692$716$1,672
Near state median3% below Missouri county median

Median household income

$63,908$57,488$74,755
11% favorable11% above Missouri county median

Effective property-tax rate

Lower usually helps affordability.

0.87%0.74%1.02%
18% pressure18% above Missouri county median

Rent burden

Lower usually helps affordability.

24.00%26.00%N/A
8% favorable24.00% 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$63,908
Income for median rent$32,520
Income for median owner cost$29,657

Rent cushion

+$31,388

Median income minus rent threshold.

Owner cushion

+$34,251

Median income minus owner-cost threshold.

Affordability Advisory

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

Affordability verdict

For renters in Marion County, the market is affordable. Expect to pay around $813/month in gross rent, with 24.0% of renter households considered cost-burdened.

Rent vs own

At $813/month rent versus $692/month in owner costs, owning is roughly $121/month cheaper , a 15% difference.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,520/year. For owner costs at the 28% rule, the required income is roughly $29,657/year. With a median household income of $63,908, most households can comfortably afford rent here. Notably, 24.0% of renter households in Marion County are cost-burdened, spending more than 30% of income on housing.

Regional context

Marion County sits 7% more expensive than Bates County ($760/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
Madison County, MO$155,900$817/moSame-state comparison near $155,900 home value and $817/mo rent.
Howard County, MO$145,300$807/moSame-state comparison near $145,300 home value and $807/mo rent.
Ralls County, MO$153,400$765/moSame-state comparison near $153,400 home value and $765/mo rent.
Pettis County, MO$161,500$863/moSame-state comparison near $161,500 home value and $863/mo rent.
Moniteau County, MO$168,300$766/moSame-state comparison near $168,300 home value and $766/mo rent.

Housing Questions for Marion County

Is Marion County affordable for buying a home?
Marion County has a home-value-to-income ratio of 2.5x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Marion County?
Median rent is $813/mo and median monthly owner cost is $692/mo. On this screen, owning is cheaper before individual loan terms.
How much income do you need for housing in Marion County?
To keep rent near 30% of income, the median rent implies about $32,520 in annual income. Using a 28% owner-cost screen, median owner costs imply about $29,657 in annual income.
What should I double-check before moving to Marion County?
Double-check tax rate needs attention, 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.