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These days, finding an affordable place to live in the Altamont area can be challenging. Home prices in Altamont are now at a median cost of $250,968, higher than the Missouri average of $246,641.
The average cost of rent is $715/mo in Altamont, primarily driven by the current value of real estate in the Altamont area. In Altamont, 10.10% of households rent, and 49.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Altamont is $6,308 per month. Households that rent pay about 11.34% of their income on rent here. Altamont’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Winston, MO: less expensive homes
- Gallatin, MO: less expensive homes
- Kidder, MO: less expensive homes
- Weatherby, MO: equally priced homes
- Santa Rosa, MO: less expensive homes
- Jameson, MO: less expensive homes
- Nettleton, MO: less expensive homes
- Hamilton, MO: less expensive homes
- Pattonsburg, MO: less expensive homes
- Cameron, MO: less expensive homes
Cities with Similar Populations
- Kimball, WV: less expensive homes
- Molloy, AL: less expensive homes
- Mohawk, WV: less expensive homes
- Modjeska, CA: higher priced homes
- Mitford, SC: equally priced homes
- Maydelle, TX: less expensive homes
- Marietta, TX: less expensive homes
- Robertstown, GA: equally priced homes
- Coffeeville, AL: less expensive homes
- Cooksville, NC: less expensive homes
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