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These days, finding an affordable place to live in the Arnold area can be challenging. Home prices in Arnold are now at a median cost of $247,369, higher than the Missouri average of $246,641.
The average cost of rent is $1,092/mo in Arnold, primarily driven by the current value of real estate in the Arnold area. In Arnold, 19.98% of households rent, and 31.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arnold is $7,192 per month. Households that rent pay about 15.19% of their income on rent here. Arnold’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Imperial, MO: higher priced homes
- Oakville, MO: higher priced homes
- Merrimac, IL: less expensive homes
- Concord, MO: higher priced homes
- Mehlville, MO: equally priced homes
- Fenton, MO: higher priced homes
- Barnhart, MO: equally priced homes
- Murphy, MO: less expensive homes
- Sunset Hills, MO: higher priced homes
- Green Park, MO: equally priced homes
Cities with Similar Populations
- Key West, FL: higher priced homes
- Altadena, CA: higher priced homes
- Willis, TX: higher priced homes
- Williamstown, NJ: higher priced homes
- West Babylon, NY: higher priced homes
- Trumbull, CT: higher priced homes
- Cabo Rojo, PR: less expensive homes
- Okeechobee, FL: equally priced homes
- Newburgh, IN: higher priced homes
- Irmo, SC: higher priced homes
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