The Most Affordable Neighborhoods in Bates County, MO by Home Value

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These days, finding an affordable place to live in the Bates County area can be challenging. Home prices in Bates County are now at a median cost of $140,298, lower than the Missouri average of $194,908.

The average cost of rent is $751/mo in Bates County, primarily driven by the current value of real estate in the Bates County area. While nearly 49.80% of residents own their homes outright in Bates County, 23.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bates County is $4,560 per month. Households that rent pay about 16.46% of their income on rent here. Bates County's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the county.

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