States › Missouri › Boonville

Is Boonville, MO expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$77356% lower than U.S. average
💵 Families earn per year (2026)$60,859about $5,072/month · 30% lower than U.S. average
🔑 House price$187,90044% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $30,920 a year. That is $15 an hour at a full-time job.

Is rent cheaper than other Missouri cities?

Yes. Rent here is cheaper than in most of Missouri. It is number 7 of 142 cities from cheapest to most expensive.

Boonville
$773
Marshfield
$673
Dexter
$955
Pacific
$1,122
Nevada
$1,011
Aurora
$1,265
Sappington
$1,372

How much do households earn in Boonville?

Under $25k
21.4%
$25k–50k
23.6%
$50k–100k
32.8%
$100k–150k
10.3%
$150k+
6.3%

Share of households by yearly income. 16.6% of households earn $100,000 or more.

Rent by apartment size in Boonville

SizeBoonvilleU.S. average
Studio$631$1,338
1 bedroom$639$1,324
2 bedrooms$839$1,509
3 bedrooms$1,098$1,698
4 bedrooms$972$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Boonville overall?

Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).

Housing
70
Goods (food, clothes…)
96
Utilities
79
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Boonville, so the Missouri figure is shown.

Taxes and bills in Boonville

🏛️ Property tax$1,265a year · 0.67% of home value · U.S. $3,119
⚡ Electric bill$171a month (typical) · U.S. $156

Life in Boonville

Commute to work25.1 minU.S.: 26.4 min
College degree21.6%U.S.: 35.7%
Own their home63.1%U.S.: 65.2%
Below poverty line14.3%U.S.: 12.5%
Unemployment5.8%U.S.: 5.2%

Is it cheaper to rent or buy in Boonville?

Renting is cheaper right now: about $531 a month less.

Renting
$773
Owning
$1,304

Owning assumes a typical $187,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,790 for the down payment.

Frequently asked questions

What is the average rent in Boonville, MO?

Renting in Boonville costs a median of about $773 a month in 2026, including utilities. The Missouri median is $1,285.

How much do I need to make to live in Boonville?

To keep rent under 30% of income, you need about $30,920 a year, or $15 an hour at a full-time job.

Is Boonville cheap or expensive?

Boonville is rated Cheap: rent takes 15.2% of the typical household income of $60,859. It ranks 7th cheapest of 142 Missouri cities we track.

How much are property taxes in Boonville?

The median homeowner in Boonville pays $1,265 a year in property taxes, about 0.67% of the median home value.

Is Boonville more expensive than the national average?

Overall prices in Missouri are 9% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Boonville?

The median home value in Boonville is $187,900, about 3.1 times the typical yearly household income.

7,689 people live in Boonville. Numbers are typical (middle) values.