Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Renick

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

Median Home$173,000
Median Rent$727/month
Population147
Leading IndustriesTransportation · Information & Media · Public Administration4% transportation
Home Value Growth⬆⬆⬆+33.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners90% of occupied units
Renick
MO

Frequently Asked Questions

What are today's mortgage rates in Renick?

As of today, the 30-year fixed mortgage rate for Renick is approximately 7.046% (7.087% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Renick
What is the median home price in Renick?

The median home value in Renick is $173k. The median monthly rent is $727. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Renick?

Home values in Renick have increased 33.7% 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 Renick?

Based on a typical all-in ownership cost of $859/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Renick is $68k/year.

Calculate your buying power
What industries drive the economy in Renick?

The largest employment sectors in Renick are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.