<p>This study examines the Dust Bowl’s differential impact on various segments of the housing market, revealing significant declines in housing values, rents, and farm building values within the Dust Bowl region from 1930 to 1940. Unlike previous research focused on agricultural land, this study highlights how housing markets, as a direct measure of wealth and economic stability, were significantly disrupted by the Dust Bowl. The greater vulnerability of farm buildings compared to residential properties underscores the varied impacts across different sectors of the economy. The findings suggest that urban areas within the Dust Bowl region exhibited greater economic resilience, reflected in housing values, compared to their rural counterparts, though rent values did not show the same disparity. Additional analyses indicate counties with higher illiteracy experienced greater declines in farm infrastructure but smaller rent losses. Counties with higher Black or Other racial populations generally saw smaller declines, possibly reflecting lower initial asset values, while counties with predominantly White populations experienced larger rent decreases due to greater market exposure. By linking the Dust Bowl's environmental catastrophe to broader economic patterns during the Great Depression, this research provides insights for real estate policy, emphasizing the need for targeted interventions and strategies for disaster preparedness and economic resilience.</p>