MonitorBankRates
☰
New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Platte Woods, MO Housing Affordability Index

Platte Woods, Missouri has an MBR Housing Affordability Index score of 166.5 (Highly Affordable) as of October 30, 2026, ranking 316th most affordable of 822 scored Missouri cities, compared with 115.7 statewide and 97.4 nationally. On a median-priced $334,400 home with 20% down, the Missouri average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $1,827, or 17% of the city’s $131,458 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Platte Woods is updated every night from live Missouri mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Platte Woods MBR-HAI 166.5 Highly Affordable
Rank in Missouri 316 of 822 1 = most affordable
Missouri 115.7 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% Missouri lenders
Median home value $334,400 U.S. Census Bureau

Platte Woods is 50.8 points above the Missouri score. Scores as of October 30, 2026. See the Missouri index

View Platte Woods Mortgage Rates

What It Takes to Buy in Platte Woods

$1,827/mo
Principal & Interest
Median home, 20% down, 7.26%
$78,300
Income Needed
To keep the payment at 28% of income
$131,458
Median Household Income
Missouri: $70,702
2.5x
Price-to-Income Ratio
Missouri: 3.3x
$1,520/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,563/yr
Median Property Tax
1.07% of median value
22.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
5.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Platte Woods, Missouri. The rate is the Missouri average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Platte Woods Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Platte Woods, Missouri score: 166.5 (Highly Affordable), ranked 316 of 822 Missouri cities. monitorbankrates.com/housing-affordability-index/missouri/platte-woods”