Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Armstrong area can be challenging. Home prices in Armstrong are now at a median cost of $165,123, lower than the Missouri average of $246,641.
The average cost of rent is $775/mo in Armstrong, primarily driven by the current value of real estate in the Armstrong area. In Armstrong, 5.73% of households rent, and 51.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Armstrong is $5,640 per month. Households that rent pay about 13.73% of their income on rent here. Armstrong’s most expensive areas are in the southwestern 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
- Steinmetz, MO: higher priced homes
- Roanoke, MO: equally priced homes
- Fayette, MO: higher priced homes
- Glasgow, MO: equally priced homes
- Yates, MO: equally priced homes
- Forest Green, MO: higher priced homes
- Higbee, MO: less expensive homes
- Clifton Hill, MO: higher priced homes
- Salisbury, MO: less expensive homes
- Fort Henry, MO: higher priced homes
Cities with Similar Populations
- Sirmans, FL: less expensive homes
- Peone, WA: higher priced homes
- Peyton, MS: less expensive homes
- Table Rock, NE: less expensive homes
- Lockhart, AL: less expensive homes
- Du Bois, IL: less expensive homes
- Poplar Springs, MS: less expensive homes
- Port Wing, WI: higher priced homes
- Norma, NJ: higher priced homes
- Dos Rios, CA: higher priced homes
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