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

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These days, finding an affordable place to live in the McDonald County area can be challenging. Home prices in McDonald County are now at a median cost of $118,493, lower than the Missouri average of $194,908.

The average cost of rent is $750/mo in McDonald County, primarily driven by the current value of real estate in the McDonald County area. While nearly 46.32% of residents own their homes outright in McDonald County, 35.96% rent.

Housing affordability isn’t just about home prices, though. The average household income in McDonald County is $3,830 per month. Households that rent pay about 19.59% of their income on rent here. McDonald County's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the county.

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