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Housing in Deepwater

A typical Deepwater home is worth roughly $81,000

Builders were permitted 1 new home in 2025.

Typical home value
$81K
MO $268K
Estimate
2-bedroom rent
$890
a month, utilities in · HUD
Median tax bill
$767
MO $1,948

What kind of housing town is Deepwater?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Deepwater

Try your own numbers below.

You could afford about
$279,000
Typical Deepwater home $81K

That covers a typical Deepwater home, with $197K to spare.

The typical home, each month
$480
Loan $400Tax $60Insurance $20

A two-bedroom rents for about $890 a month here, $410 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Missouri typical property tax (0.85% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $890

Renters already here pay a median of $686, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$640
1 bedroom$680
2 bedrooms$890
3 bedrooms$1,150
4 bedrooms$1,200
24%
of households rent · MO 32%
26
renter households
$686
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Henry County, MO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

1 new home permitted in 2025

Builders were permitted 1 new home in Deepwater in 2025. Over the past 10 years, Deepwater has permitted 11 homes in all.

Single-family
01234 200020052010201520202025
1
new homes permitted in 2025
0
2026 so far (Jan–Aug)
11
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−78
New homes+0

Between the 2010 and 2020 censuses, Deepwater's population fell by 78 and no new homes were permitted. Across Missouri: 1.1 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025110$303,000
2024110$303,000
2023330$910,000
2022000—
2021220$43,000
2020440$90,000
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001000—
2000000—

Deepwater's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

76% of Deepwater households own their home

Half of Deepwater’s homes were built before 1971.

Owners and renters
Own 76%Rent 24%

Missouri: 68% own.

1971
typical home built · MO 1978
$767
median property tax bill · MO $1,948
2%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

On the market in Deepwater

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Deepwater buyers, sellers and renters are saying.

Town Square →
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Is Deepwater still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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