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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

Risco, MO Housing Affordability Index

Risco, Missouri has an MBR Housing Affordability Index score of 224.7 (Highly Affordable) as of October 30, 2026, ranking 99th most affordable of 822 scored Missouri cities, compared with 115.7 statewide and 97.4 nationally. On a median-priced $62,300 home with 20% down, the Missouri average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $340, or 9% of the city’s $48,000 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Risco 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.

Risco MBR-HAI 224.7 Highly Affordable
Rank in Missouri 99 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 $62,300 U.S. Census Bureau

Risco is 109.1 points above the Missouri score. Scores as of October 30, 2026. See the Missouri index

View Risco Mortgage Rates

See What You Can Afford in Risco, Missouri

Use this Risco, Missouri home affordability calculator to see how much house you can afford at today’s Missouri average 30-year mortgage rate of 7.26%. A household earning the Risco median income of $48,000, with no other debts and $12,000 down, can afford a home of about $134,052, compared with a median home value of $62,300. Buying the median priced home with 20% down takes a household income of about $19,300 once property tax and insurance are counted.

Risco median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Missouri average, 30-year fixed
Risco median bill (Census)
Estimate; use your quote
You can afford a home up to
$134,052
At or above the Risco median home value of $62,300
Loan amount$122,052
Principal & interest$833/mo
Property tax$180/mo
Home insurance$56/mo
PMI$51/mo
Total monthly payment$1,120/mo
Compare Risco Mortgage Rates

How much house can you afford in Risco?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Risco, property taxes run about 1.61% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $2,268 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Risco

$340/mo
Principal & Interest
Median home, 20% down, 7.26%
$14,600
Income Needed
To keep principal and interest at 28% of income
$48,000
Median Household Income
Missouri: $70,702
1.3x
Price-to-Income Ratio
Missouri: 3.3x
$485/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,000/yr
Median Property Tax
1.61% of median value
21.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
18.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Risco Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Risco, Missouri score: 224.7 (Highly Affordable), ranked 99 of 822 Missouri cities. monitorbankrates.com/housing-affordability-index/missouri/risco”