Special Interest
Housing in Morgan County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Morgan County averages $721/month for a 2‑bedroom in 2024, compared to the Missouri median of $1,033 and the national median of $1,413. Local renters spend approximately 36% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Morgan County FMR Area are $660 for a studio, $745 for 1‑bedroom, $888 for 2‑bedroom, $1,171 for 3‑bedroom, and $1,176 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $167 increase for a 2-bedroom in Morgan County shows a 23% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Morgan County was 4.5% in 2024, compared to Missouri at 3.7% and the national rate of 4.0%.
