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Chaffee

Learn about the people, housing, costs and businesses in Chaffee, Missouri

Median Home$138,700
Median Rent$632/month
Population3,076
Leading IndustriesManufacturing · Wholesale Trade · Healthcare3% manufacturing
Home Value Growth+8.4% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners78% of occupied units
NotableTransit93/100 · excellent transit access
NotableAffordable Market$139k median home · lower cost than 78% of the country
Chaffee
MO

Frequently Asked Questions

What are today's mortgage rates in Chaffee?

As of today, the 30-year fixed mortgage rate for Chaffee is approximately 6.865% (6.900% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Chaffee?

The median home value in Chaffee is $139k. The median monthly rent is $632. Annual property taxes average $769. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chaffee?

Home values in Chaffee have increased 8.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Chaffee?

Based on a typical all-in ownership cost of $718/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chaffee is $52k/year.

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What industries drive the economy in Chaffee?

The largest employment sectors in Chaffee are public administration (17%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.