The Most Affordable Neighborhoods in Allendale, MO by Home Value

These days, finding an affordable place to live in the Allendale area can be challenging. Home prices in Allendale are now at a median cost of $103,874, lower than the Missouri average of $246,641.

The average cost of rent is $392/mo in Allendale, primarily driven by the current value of real estate in the Allendale area. In Allendale, 13.92% of households rent, and 78.15% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Allendale is $7,343 per month. Households that rent pay about 5.34% of their income on rent here. Allendale’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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