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These days, finding an affordable place to live in the 65016 area can be challenging. Home prices in 65016 are now at a median cost of $242,021, lower than the Missouri average of $246,641.
The average cost of rent is $607/mo in 65016, primarily driven by the current value of real estate in the 65016 area. In 65016, 14.80% of households rent, and 61.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 65016 is $6,427 per month. Households that rent pay about 9.44% of their income on rent here. 65016’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 65054, MO: equally priced homes
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- 65101, MO: equally priced homes
- 65043, MO: equally priced homes
- 65062, MO: less expensive homes
- 65109, MO: equally priced homes
- 65061, MO: less expensive homes
Zip Codes with Similar Populations
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- 62828, IL: less expensive homes
- 62573, IL: less expensive homes
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