In Neosho, a typical home is worth $163,400 and typical rent is $745 a month. Compared with all of Newton County, the typical home value is 14% lower, typical household income is 13% lower, and the share of households that own their home is 15 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $160,297 to $230,282.
Typical rent
$1,180a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Neosho is in Newton 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 Newton County. See the county
What this place has that others do not, from public data, most unusual first.
1
61% of households in Neosho own their home, against 77% in Newton County.
2
Neosho has the 10th lowest typical rent of the 138 cities in Missouri with more than 5,000 people ($745).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Neosho
What homes there are in Neosho, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Neosho
Newton County
Missouri
United States
Kind of home: Neosho and its comparisons
Measure
Neosho
Newton County
Missouri
United States
Detached house
77%
76%
71%
61%
Attached house
Unreliable estimate
1%
4%
6%
Building of 2 to 4
8%
4%
8%
8%
Apartments (5 or more)
Unreliable estimate
5%
13%
19%
Mobile home
Unreliable estimate
13%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
As in Newton County, most homes in Neosho are detached houses (77%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Neosho
Newton County
Missouri
United States
Year built: Neosho and its comparisons
Measure
Neosho
Newton County
Missouri
United States
Before 1960
36%
22%
27%
26%
1960–1979
28%
23%
25%
24%
1980–1999
14%
30%
25%
25%
2000–2009
14%
16%
13%
14%
2010 or later
8%
9%
10%
11%
Homes in Neosho are older: the typical year built is 1973; in Newton County, 1984.
There are fewer big homes in Neosho than in Newton County: 57% have 3 bedrooms or more, against 67%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitCould be either sideUnreliable estimate
Under $100K21%
$100K–$200K43%
$200K–$300K24%
$300K–$500K10%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Neosho and its comparisons
Measure
Neosho
Under $100K
21%
$100K–$200K
43%
$200K–$300K
24%
$300K–$500K
10%
$500K–$750K
Unreliable
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 97% of owner-occupied homes in Neosho sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99955%
$1,000–$1,49931%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Neosho and its comparisons
Measure
Neosho
Under $500
Unreliable estimate
$500–$999
55%
$1,000–$1,499
31%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,165 a month
Newton County: $1,310 a month
Without a mortgage
$456 a month
Newton County: $480 a month
Owners with a mortgage
65%
Newton County: 56%
The typical cost for an owner with a mortgage in Neosho is $1,165 a month, less than in Newton County ($1,310); without one, $456.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Neosho+75%
Newton County+45%
Missouri+47%
United States+53%
Typical rent
NeoshoNo clear change
Newton County+17%
Missouri+25%
United States+33%
Typical household income
Neosho+52%
Newton County+31%
Missouri+28%
United States+29%
Change since 2015–2019: Neosho and its comparisons
Measure
Neosho
Newton County
Missouri
United States
Typical home value
+75%
+45%
+47%
+53%
Typical rent
No clear change
+17%
+25%
+33%
Typical household income
+52%
+31%
+28%
+29%
Since 2015–2019, homes in Neosho gained value faster than in Newton County: 75% against 45%.
The typical rent in Neosho stayed about the same over that time: the difference is within the Census margin of error.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Neosho and its comparisons
Measure
Neosho
Newton County
Missouri
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
2.7%
1.7%
3.4%
People per household
2.65
2.66
2.40
2.53
Drive alone
77%
78%
75%
69%
Carpool
14%
11%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
5%
9%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
A household in Neosho has 2.65 people on average, about the same as in Newton County (2.66).
Carpooling is common in Neosho: 14% of workers get to work that way, against 11% in Newton County.
Do the math
What would you pay each month for a home in Neosho?
A typical home is within reach of the typical income
We start with a typical home in Neosho, worth $163,400, 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 Neosho, which is $57,891 a year.
The calculator's FHA and conventional loan limits are those of all of Newton County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Neosho. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,719 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,314
at 7.18% · 30 years
Loan amount
$160,440
Total interest
$230,836
Paid off in
November 2056
Includes $2,759 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,351 a month
Your payment · 27%
Tight
$1,351 to $1,737 a month
Hard
more than $1,737 a month
Compared with the typical household income in Neosho ($57,891 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,087
Property tax
$87
Home insurance
$68
FHA mortgage insurance (MIP)
$72
You need at least $5,719 for the down payment, plus closing costs.
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.
Total monthly payment $1,314; principal and interest $1,087.
The city and its county
Neosho and Newton County
Neosho is in Newton 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).
Neosho
Map of Newton County, Missouri, with Neosho marked. Around it, the neighboring counties.
Neosho
Newton County
Other cities with a page
Neosho's own numbers
Typical home value
$163,400
Typical monthly rent
$745
Typical yearly household income
$57,891
Households that own their home
61%
Effective property tax rate
0.64%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Newton County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,153
Price change over 5 years (FHFA)
+59%
Homes in a high flood-risk zone
3.5%
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 Newton County.
A typical home in Neosho is worth $163,400: 14% below the county and 29% below Missouri. With the typical household income in Neosho ($57,891 a year), a typical home costs 2.8 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.
Neosho2.8 years
Newton2.9 years
Missouri3.3 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Newton County
According to FHFA’s house price index, home prices in Newton County rose 83% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Newton County.
Yearly change in FHFA’s price index in Newton County, 2016 to 2025
2016: −1.3% −1.3% 2016
2017: +3.1% +3.1% 2017
2018: +5.1% +5.1% 2018
2019: +4.4% +4.4% 2019
2020: +3.0% +3.0% 2020
2021: +14.0% +14.0% 2021
2022: +15.7% +15.7% 2022
2023: +9.0% +9.0% 2023
2024: +6.9% +6.9% 2024
2025: +3.8% +3.8% 2025
Change in FHFA’s price index in Newton County, Missouri and the United States
Period
County
Missouri
U.S.
Last year (2025)
+3.8%
+3.7%
+2.9%
5 years (2020–2025)
+59%
+51%
+47%
10 years (2015–2025)
+83%
+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
Neosho next to Newton 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
Neosho$163,400
Newton$190,700
Missouri$230,300
United States$332,700
Typical monthly rent
Neosho$745
Newton$817
Missouri$1,033
United States$1,413
Typical yearly household income
Neosho$57,891
Newton$66,301
Missouri$70,702
United States$80,734
See the full table
Neosho next to Newton County and Missouri
Measure
Neosho
Newton County
Missouri
U.S.
Typical home value
$163,400 ▼14% below the county
$190,700
$230,300
$332,700
Typical monthly rent
$745 ▼9% below the county
$817
$1,033
$1,413
Typical yearly household income
$57,891 ▼13% below the county
$66,301
$70,702
$80,734
Households that own their home
61% ▼15 points below the county
77%
68%
65%
Typical yearly property tax
$1,044 ▼14% below the county
$1,207
$1,948
$3,119
Effective property tax rate
0.64% ▲0.01 points above the county
0.63%
0.85%
0.94%
Renters with high rent for their income
37% ▼1 points below the county
38%
46%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Newton 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 Neosho
For a typical $163,400 home in Neosho, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Neosho's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,314a month
Least cash to close
Down payment
$5,719
Cash to close
$10,621
Rate
7.18%
Mortgage insurance
FHA MIP · $72
Conventional, 5% down$1,284a month
Down payment
$8,170
Cash to close
$13,072
Rate
7.18%
Mortgage insurance
PMI · $78
Conventional, 20% down, no PMI$1,041a month
Down payment
$32,680
Cash to close
$37,582
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,192a month
Down payment
$24,510
Cash to close
$29,412
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Neosho
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,314
$5,719
$160,440
7.18%
FHA MIP · $72
$10,621
580
Conventional, 5% down
$1,284
$8,170
$155,230
7.18%
PMI · $78
$13,072
620*
Conventional, 20% down, no PMI
$1,041
$32,680
$130,720
7.18%
None
$37,582
620*
ITIN, 15% down (example)
$1,192
$24,510
$138,890
8.18%
None
$29,412
Set by the lender
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.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Neosho and for Newton County.
Property tax
Effective rate in Neosho
0.64%of the home’s value each year
$1,044 a year for the typical owner in Neosho.
Neosho0.64%
Newton0.63%
Missouri0.85%
What Missouri publishesDeadline to appeal the assessment to the county board of equalization (Missouri Revisor of Statutes (Revised Statutes of Missouri))
Typical rent in Neosho is $745 a month: 9% below the county. In Neosho, 37% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Newton County, by unit size. To pay the 2-bedroom one ($1,153 a month) without spending more than 30% of your income, you would need to earn $22.17 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Newton County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$904
$17.38
$36,160
1 bedroom
$910
$17.50
$36,400
2 bedrooms
$1,153
$22.17
$46,120
3 bedrooms
$1,501
$28.87
$60,040
4 bedrooms
$1,635
$31.44
$65,400
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 Neosho
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Neosho is in ZIP code 64850.
For 2 bedrooms it is $1,010: $143 less than the fair market rent for Newton County ($1,153).
Fair market rent by ZIP code and size in Neosho, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
64850
$790
$800
$1,010
$1,320
$1,430
ZIP code2 bd3 bd
64850 $1,010$1,320
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Neosho 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 11 buildings with rents for lower incomes in Neosho. These are the largest.
The Oaks & Summitview321 Hamilton St, Neosho 6485080 low-income homes · Run by Neosho Housing Authority · Average payment: $374 a month · Average wait: 11 months(417) 451-5303
Hamptons of Neosho3615 Beaumont St, Neosho 6485064 low-income homes · 2 bd: 32 · 3 bd: 32 · In service since 2002
Neosho Villas3854 Crowder Dr, Neosho 6485064 low-income homes · 2 bd: 32 · 3 bd: 32 · In service since 1999
Lane Apts303 E Hickory St, Neosho 6485048 low-income homes · For older adults(417) 451-4399
The Lane Apartments301 E Hickory St, Neosho 6485048 low-income homes · 1 bd: 48 · In service since 2017 · For older adults
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 Newton County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Neosho or Newton County. The ones below are statewide in Missouri: they work in Neosho the same as in the rest of the state.
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).
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).
No legal help resource on our list is for Neosho or Newton County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Neosho and all of Newton 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 Neosho?
The typical home value in Neosho is $163,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Newton County it is $190,700.
How much does it cost to rent in Neosho?
Typical rent in Neosho is $745 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Newton County is $1,153.
What is the FHA loan limit in Neosho?
Neosho uses the FHA limit for all of Newton 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 Neosho?
The typical homeowner in Neosho pays $1,044 a year, according to the U.S. Census Bureau. That is 0.64% of the home’s value; in Newton County, the rate is 0.63%.
Where can I find free help to buy or rent in Neosho?
We found no HUD-approved counseling agencies with an office in Newton County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
