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Mount Leonard

Learn about the people, housing, costs and businesses in Mount Leonard, Missouri

Median Home$121,800
Median Rent$753/month
Population61
Leading IndustriesConstruction · Agriculture & Mining · Information & Media18% construction
Home Value Growth⬆⬆+12.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners75% of occupied units
NotableAffordable Market$122k median home · lower cost than 84% of the country
Mount Leonard
MO

Frequently Asked Questions

What are today's mortgage rates in Mount Leonard?

As of today, the 30-year fixed mortgage rate for Mount Leonard is approximately 7.007% (7.050% 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 Mount Leonard?

The median home value in Mount Leonard is $122k. The median monthly rent is $753. Annual property taxes average $943. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Leonard?

Home values in Mount Leonard have increased 12.2% over the past two years. This indicates a strong appreciation trend. 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 Mount Leonard?

Based on a typical all-in ownership cost of $720/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 Mount Leonard is $58k/year.

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What industries drive the economy in Mount Leonard?

The largest employment sectors in Mount Leonard are agriculture and mining (18%) and construction (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.