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City · 11,477 residents · Audrain County, Missouri

Mexico , Missouri

In Mexico, a typical home is worth $139,800 and typical rent is $686 a month. Compared with all of Audrain County, typical household income is 14% lower and the share of households that own their home is 9 points lower.

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  • Typical home value

    $139,800

    2% below the county

    39% below Missouri

    • Mexico
    • Audrain
    • Missouri

  • Typical rent

    $686a month

    About the same as the county

    34% below Missouri

    • Mexico
    • Audrain
    • Missouri

  • Typical household income

    $50,873a year

    14% below the county

    28% below Missouri

    • Mexico
    • Audrain
    • Missouri

  • Households that own their home

    63%

    9 points below the county

    6 points below Missouri

    • Mexico
    • Audrain
    • Missouri

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$184,352
7.1% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Mexico is in Audrain County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Audrain County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Mexico apart

What this place has that others do not, from public data, most unusual first.

  1. Mexico has the 4th lowest typical rent of the 138 cities in Missouri with more than 5,000 people ($686).

  2. According to Zillow, in the 12 months to September 2026 the typical home value in Mexico rose 7.1%; in Missouri, it rose 3.4%.

  3. 63% of households in Mexico own their home, against 72% in Audrain County.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Mexico

What homes there are in Mexico, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Mexico: 77% of homes, near the figure in Audrain County (80%).

Year built

Homes in Mexico are older: the typical year built is 1965; in Audrain County, 1970.

Homes in Mexico are smaller: 56% have 3 bedrooms or more; in Audrain County, 64%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for Audrain County is high ($541,287): at least 99% of owner-occupied homes in Mexico are worth less than $500,000.

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Audrain County is $962; about 78% of rents in Mexico are below it.

With a mortgage

$950 a month

Audrain County: $1,012 a month

Without a mortgage

$406 a month

Audrain County: $431 a month

Owners with a mortgage

56%

Audrain County: 49%

The typical cost for an owner with a mortgage in Mexico is $950 a month, less than in Audrain County ($1,012); without one, $406.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Mexico gained value faster than in Audrain County: 51% against 46%.

Rent in Mexico moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMexicoAudrain CountyMissouriUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.0%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimate2.4%1.7%3.4%
People per household 2.442.512.402.53
Drive alone 83%84%75%69%
Carpool 12%8%8%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home Unreliable estimate4%13%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

By size, households in Mexico look like those in Audrain County: 2.44 people on average.

More people carpool to work in Mexico than in Audrain County: 12% against 8%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Mexico?

A typical home is within reach of the typical income

We start with a typical home in Mexico, worth $139,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Mexico, which is $50,873 a year.

The calculator's FHA and conventional loan limits are those of all of Audrain County.

Your numbers

Local data
$

Starts at the typical home value in Mexico. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,893 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,140

at 7.18% · 30 years

Loan amount
$137,268
Total interest
$197,496
Paid off in
November 2056

Includes $2,361 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,187 a month

    Your payment · 27%

  • Tight

    $1,187 to $1,526 a month

  • Hard

    more than $1,526 a month

Compared with the typical household income in Mexico ($50,873 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,140
Principal & interest$930
Property tax$90
Home insurance$58
FHA mortgage insurance (MIP)$62

You need at least $4,893 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Mexico and Audrain County

Mexico is in Audrain County, Missouri. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Mexico's own numbers

Typical home value
$139,800
Typical monthly rent
$686
Typical yearly household income
$50,873
Households that own their home
63%
Effective property tax rate
0.77%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Audrain County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$962
Price change over 5 years (FHFA)
+53%
Homes in a high flood-risk zone
1.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Audrain County.

Everything about Audrain County

Buying

Buying a home in Mexico

A typical home in Mexico is worth $139,800: 2% below the county and 39% below Missouri. With the typical household income in Mexico ($50,873 a year), a typical home costs 2.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Mexico 2.7 years
  • Audrain 2.4 years
  • Missouri 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Audrain County

According to FHFA’s house price index, home prices in Audrain County rose 87% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Audrain County.

Period County Missouri U.S.
Last year (2025) +0.3% +3.7% +2.9%
5 years (2020–2025) +53% +51% +47%
10 years (2015–2025) +87% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Mexico next to Audrain County, Missouri and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Mexico $139,800
  • Audrain $143,100
  • Missouri $230,300
  • United States $332,700
Typical monthly rent
  • Mexico $686
  • Audrain $693
  • Missouri $1,033
  • United States $1,413
Typical yearly household income
  • Mexico $50,873
  • Audrain $59,448
  • Missouri $70,702
  • United States $80,734
See the full table
Mexico next to Audrain County and Missouri
Measure Mexico Audrain County Missouri U.S.
Typical home value $139,800 $143,100 $230,300 $332,700
Typical monthly rent $686 $693 $1,033 $1,413
Typical yearly household income $50,873 $59,448 $70,702 $80,734
Households that own their home 63% 72% 68% 65%
Typical yearly property tax $1,082 $1,131 $1,948 $3,119
Effective property tax rate 0.77% 0.79% 0.85% 0.94%
Renters with high rent for their income 45% 48% 46% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Audrain County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Mexico

For a typical $139,800 home in Mexico, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mexico's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,140a month

    Least cash to close
    Down payment
    $4,893
    Cash to close
    $9,087
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $62

  • Conventional, 5% down $1,114a month

    Down payment
    $6,990
    Cash to close
    $11,184
    Rate
    7.18%
    Mortgage insurance
    PMI · $66

  • Conventional, 20% down, no PMI $906a month

    Down payment
    $27,960
    Cash to close
    $32,154
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,035a month

    Down payment
    $20,970
    Cash to close
    $25,164
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Mexico and for Audrain County.

Property tax

Effective rate in Mexico

0.77%of the home’s value each year

$1,082 a year for the typical owner in Mexico.

  • Mexico 0.77%
  • Audrain 0.79%
  • Missouri 0.85%

What Missouri publishes Deadline to appeal the assessment to the county board of equalization (Missouri Revisor of Statutes (Revised Statutes of Missouri))

Exemptions and deadlines in Missouri

Flood risk in Audrain County

FEMA does not publish these numbers by city: they are for all of Audrain County.

Homes in the high-risk zone
1.3%
157
Of those, with NFIP insurance
19%
County Missouri U.S.
Homes in the high-risk zone 1.3% 1.6% 3.5%
Of those, with NFIP insurance 19% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Mexico

Typical rent in Mexico is $686 a month: about the same as the county. In Mexico, 45% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Audrain County, by unit size. To pay the 2-bedroom one ($962 a month) without spending more than 30% of your income, you would need to earn $18.50 an hour working full time.

HUD fair market rent for all of Audrain County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $709 $13.63 $28,360
1 bedroom $775 $14.90 $31,000
2 bedrooms $962 $18.50 $38,480
3 bedrooms $1,283 $24.67 $51,320
4 bedrooms $1,501 $28.87 $60,040

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Mexico

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mexico is in ZIP code 65265.

For 2 bedrooms it is $960: $2 less than the fair market rent for Audrain County ($962).

  • 65265 $960$1,280

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mexico when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Mexico

HUD lists 7 buildings with rents for lower incomes in Mexico. These are the largest.

  • Mexico 505 E Central St, Mexico 65265 206 homes, 202 low-income · Run by Housing Authority of the City of Mexico · Average payment: $356 a month · Average wait: 9 months · Homes at several sites (573) 581-2294
  • Mexico Meadows 2152 Jubel Dr, Mexico 65265 64 low-income homes · 2 bd: 64 · In service since 1996
  • Mexico Apts II 2717 S Clark St, Mexico 65265 48 low-income homes · 1 bd: 20 · In service since 2009 · For older adults, people with disabilities (573) 581-8805
  • Teal Lake Village 2501 Amelia St, Mexico 65265 40 homes, 31 low-income · 2 bd: 20 · 3 bd: 20 · In service since 2019 · For families
  • Country Place 1928 Country Place Ct, Mexico 65265 17 low-income homes · 3 bd: 17 · In service since 2004

See all 9 buildings in Audrain County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Mexico

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Audrain County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Mexico

No down payment, repair or rent-help program on our list is for Mexico or Audrain County. The ones below are statewide in Missouri: they work in Mexico the same as in the rest of the state.

Which programs do I qualify for? All programs in Missouri

  • First Place Loan Program

    Statewide in Missouri

    Missouri state commission mortgage for first-time buyers and veterans, with the option of cash assistance for the down payment and closing costs. Offered by Missouri Housing Development Commission (MHDC).

    Type not stated

    See the program Official page

  • Next Step Program

    Statewide in Missouri

    Missouri state commission mortgage for buyers who earn more than First Place allows, with a second loan of 4% of the mortgage for the down payment and closing costs that is forgiven after ten years. Offered by Missouri Housing Development Commission (MHDC).

    Forgivable

    See the program Official page

Housing counselors near Mexico

The HUD-approved agencies closest to the center of Mexico, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Love Columbia

    1209 E Walnut St, Columbia · 28 miles away

    • Mortgage delinquency and default
    • Home improvement and repairs
    • and 4 more
    (573) 256-7662

  • North East Community Action Corporation

    16 N Court St, Bowling Green · 38 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (573) 324-2231

  • Community Action Agency of ST. Louis County, Inc. (CAASTLC)

    2709 Woodson Rd, Saint Louis · 87 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 5 more
    (314) 863-0015

All counseling agencies in Missouri

Help in Spanish near Mexico

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Mexico

HUD’s record names them for Mexico or Audrain County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Mexico Public housing and Section 8 vouchers (573) 581-2294

One other authority has an office in Audrain County: see the list Source: HUD

Cities

Nearby cities

The cities closest to Mexico, with the typical home value.

Everything about Audrain County Housing in Missouri

Neighboring counties

If Audrain County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Mexico.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Mexico

Short answers with the numbers for Mexico and all of Audrain County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Mexico?

The typical home value in Mexico is $139,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Audrain County it is $143,100.

How much does it cost to rent in Mexico?

Typical rent in Mexico is $686 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Audrain County is $962.

What is the FHA loan limit in Mexico?

Mexico uses the FHA limit for all of Audrain County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Mexico?

The typical homeowner in Mexico pays $1,082 a year, according to the U.S. Census Bureau. That is 0.77% of the home’s value; in Audrain County, the rate is 0.79%.

Where can I find free help to buy or rent in Mexico?

We found no HUD-approved counseling agencies with an office in Audrain County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).