States › Missouri › De Soto

Is De Soto, MO expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$82453% lower than U.S. average
💵 Families earn per year (2026)$56,621about $4,718/month · 35% lower than U.S. average
🔑 House price$160,70052% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 36.4 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $32,960 a year. That is $16 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 11 of 142 cities from cheapest to most expensive.

De Soto
$824
$1,069

How much do households earn in De Soto?

Under $25k
15.0%
$25k–50k
34.5%
$50k–100k
33.7%
$100k–150k
8.6%
$150k+
2.9%

Share of households by yearly income. 11.5% of households earn $100,000 or more.

Rent by apartment size in De Soto

SizeDe SotoU.S. average
1 bedroom$807$1,324
2 bedrooms$951$1,509
3 bedrooms$1,407$1,698

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

How expensive is De Soto 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 De Soto, so the Missouri figure is shown.

Taxes and bills in De Soto

🏛️ Property tax$1,234a year · 0.77% of home value · U.S. $3,119
⚡ Electric bill$145a month (typical) · U.S. $156

Life in De Soto

Commute to work36.4 minU.S.: 26.4 min
College degree11.5%U.S.: 35.7%
Own their home57.9%U.S.: 65.2%
Below poverty line13.1%U.S.: 12.5%
Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in De Soto?

Renting is cheaper right now: about $291 a month less.

Renting
$824
Owning
$1,115

Owning assumes a typical $160,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,070 for the down payment.

Frequently asked questions

What is the average rent in De Soto, MO?

Renting in De Soto costs a median of about $824 a month in 2026, including utilities. The Missouri median is $1,285.

How much do I need to make to live in De Soto?

To keep rent under 30% of income, you need about $32,960 a year, or $16 an hour at a full-time job.

Is De Soto cheap or expensive?

De Soto is rated Cheap: rent takes 17.5% of the typical household income of $56,621. It ranks 11th cheapest of 142 Missouri cities we track.

How much are property taxes in De Soto?

The median homeowner in De Soto pays $1,234 a year in property taxes, about 0.77% of the median home value.

Is De Soto 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 De Soto?

The median home value in De Soto is $160,700, about 2.8 times the typical yearly household income.

6,470 people live in De Soto. Numbers are typical (middle) values.