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Morehouse city, MO

ZIP 63868 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 63868

Median Home Value
$64,300
Median Rent
$367
Affordability Snapshot
$18,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$413/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 63868 in Morehouse city, MO, a household would need roughly $18,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $413. That sits below the local median household income ($32,357), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
56.7%-13% vs US avg
x
Vacancy Rate
13.4%+30% vs US avg
x
Broadband Access
75.4%-13% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
12.9%+1% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
2.7%-95% vs US avg
x
Mortgage-Free
51.5%+35% vs US avg
x
$64,300
Home Value
$367
Rent
1974
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached65.8%
  • 1-unit attached0.0%
  • 2-9 units12.2%
  • 10+ units2.0%
  • Mobile home & other20.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$64,300
Median rent$367
Owner-occupied56.7%
Vacant13.4%
Price-to-income2.0x
Est. income to buy$18,000