What is the average mortgage rate in Missouri in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Missouri 2026
Missouri offers some of the most affordable housing in the Midwest, with a median home price of $260,333 in 2026. The state has no real estate transfer tax and a top income tax rate of 4.8%.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Missouri. Not financial advice.
Missouri at a glance
- Average home price: $260,333
- State income tax: Yes (4.8% top rate)
- Land transfer tax: None
- Typical monthly payment: $1,451/mo on $260,333 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Missouri have a real estate transfer tax?
No — Missouri has no state real estate transfer tax.
What is the median home price in Missouri in 2026?
$260,333 — well below the national median.
How much do I need to earn to afford a home in Missouri?
To afford $260,333 with 20% down at 7.46%, you need approximately $60,000–$65,000 annual income.
Missouri mortgage calculator · Educational reference only. Not financial or lending advice.