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These days, finding an affordable place to live in the Madison County area can be challenging. Home prices in Madison County are now at a median cost of $158,428, lower than the Missouri average of $246,641.
The average cost of rent is $812/mo in Madison County, primarily driven by the current value of real estate in the Madison County area. In Madison County, 26.33% of households rent, and 49.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madison County is $5,194 per month. Households that rent pay about 15.63% of their income on rent here. Madison County’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Iron County, MO: less expensive homes
- Union County, IL: less expensive homes
- Dent County, MO: equally priced homes
- Johnson County, IL: equally priced homes
- Pope County, IL: equally priced homes
- Hardin County, IL: less expensive homes
- Laclede County, MO: higher priced homes
- Union County, KY: less expensive homes
- Webster County, KY: less expensive homes
- Dallas County, MO: higher priced homes
Counties with Similar Populations
- Chautauqua County, KS: less expensive homes
- Union County, IA: less expensive homes
- Unicoi County, TN: higher priced homes
- Tyrrell County, NC: equally priced homes
- Tyler County, WV: less expensive homes
- Tyler County, TX: equally priced homes
- Twiggs County, GA: less expensive homes
- Turner County, SD: higher priced homes
- Tucker County, WV: equally priced homes
- Union County, IL: less expensive homes
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