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These days, finding an affordable place to live in the Annapolis area can be challenging. Home prices in Annapolis are now at a median cost of $119,613, lower than the Missouri average of $246,641.
The average cost of rent is $575/mo in Annapolis, primarily driven by the current value of real estate in the Annapolis area. In Annapolis, 22.52% of households rent, and 62.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Annapolis is $4,239 per month. Households that rent pay about 13.56% of their income on rent here. Annapolis’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sabula, MO: equally priced homes
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- Des Arc, MO: higher priced homes
- Cascade, MO: equally priced homes
- Brunot, MO: higher priced homes
- Lesterville, MO: higher priced homes
- French Mills, MO: higher priced homes
- Jewett, MO: higher priced homes
- Glover, MO: higher priced homes
Cities with Similar Populations
- Parker Strip, AZ: higher priced homes
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- Okaloosa, LA: higher priced homes
- Olive Branch, IL: less expensive homes
- Palmdale, FL: equally priced homes
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