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These days, finding an affordable place to live in the Alton area can be challenging. Home prices in Alton are now at a median cost of $112,499, lower than the Missouri average of $246,641.
The average cost of rent is $877/mo in Alton, primarily driven by the current value of real estate in the Alton area. In Alton, 22.93% of households rent, and 51.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alton is $4,670 per month. Households that rent pay about 18.78% of their income on rent here. Alton’s most expensive areas are in the southwestern 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.
Nearby Cities
- Woodside, MO: higher priced homes
- Lulu, MO: higher priced homes
- Garfield, MO: higher priced homes
- Greer, MO: higher priced homes
- Thomasville, MO: equally priced homes
- Couch, MO: higher priced homes
- Rover, MO: higher priced homes
- Farewell, MO: higher priced homes
- Riverton, MO: higher priced homes
- Thayer, MO: equally priced homes
Cities with Similar Populations
- Block Island, RI: higher priced homes
- Mount Hamilton, CA: higher priced homes
- Stanley Junction, TN: higher priced homes
- Tar Heel, NC: higher priced homes
- Topock, AZ: higher priced homes
- Fort Sumner, NM: higher priced homes
- Cypress Inn, TN: higher priced homes
- Kopperl, TX: higher priced homes
- Coggon, IA: higher priced homes
- Stevens Mill, NC: higher priced homes
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