The Most Affordable Neighborhoods in Augusta, MO by Home Value

 

Augusta, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Augusta area can be challenging. Home prices in Augusta are now at a median cost of $401,678, higher than the Missouri average of $246,641.

The average cost of rent is $1,321/mo in Augusta, primarily driven by the current value of real estate in the Augusta area. In Augusta, 3.69% of households rent, and 46.58% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Augusta is $10,480 per month. Households that rent pay about 12.61% of their income on rent here. Augusta’s most expensive areas are in the southern 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.


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