The Most Affordable Neighborhoods in Arrow Point, MO by Home Value

 

Arrow Point, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Arrow Point area can be challenging. Home prices in Arrow Point are now at a median cost of $308,900, higher than the Missouri average of $246,641.

The average cost of rent is $591/mo in Arrow Point, primarily driven by the current value of real estate in the Arrow Point area. In Arrow Point, 21.31% of households rent, and 43.34% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Arrow Point is $4,303 per month. Households that rent pay about 13.73% of their income on rent here. Arrow Point’s most expensive areas are in the eastern 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.


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