Phelps County, MO at a glance
Median household income
$58,396$4,866 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Phelps County, MO?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Phelps County, MO? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Phelps County, MO, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $730 | $8,760 | $29,200 | 15% |
| 1-Bedroom Apartment | $742 | $8,904 | $29,680 | 15.2% |
| 2-Bedroom ApartmentBenchmark | $933 | $11,196 | $37,320 | 19.2% |
| 3-Bedroom Home | $1,231 | $14,772 | $49,240 | 25.3% |
| 4-Bedroom Home | $1,235 | $14,820 | $49,400 | 25.4% |
What a typical income covers in Phelps County, MO
The 50/30/20 rule applied to the local median of $58,396 a year ($4,866 a month before tax).
What $58,396 leaves after Missouri taxes
Federal income tax, Social Security, Medicare and Missouri tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Missouri
Living in Phelps County, MO: common questions
What is the median household income in Phelps County, MO?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Phelps County, MO is $58,396 per year (approximately $4,866 per month).
What is the average rent in Phelps County, MO?
The closest official figure is HUD's Fair Market Rent for 2026: $730 for a studio, $742 for one bedroom, $933 for two, $1,231 for three and $1,235 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Phelps County, MO expensive to live in?
Prices there run 9.2% below the U.S. average. BEA's regional price parity for Missouri is 90.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Phelps County, MO?
To keep a $933 two-bedroom under 30% of gross income, a household needs about $37,320 a year, or $3,110 a month. That is 64% of what the typical household in Phelps County, MO earns.
How much do you need to live comfortably in Phelps County, MO?
On the local median income of $58,396 ($4,866 a month before tax), the 50/30/20 rule leaves $2,433 a month for needs like rent, utilities and groceries, $1,460 for everything else and $973 for savings or debt. A two-bedroom at $933 takes 38% of the needs share.
How much is the electric bill in Phelps County, MO?
Homes in Missouri paid 16.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $146. Your bill depends mostly on heating and cooling.