Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bourbon area can be challenging. Home prices in Bourbon are now at a median cost of $136,036, lower than the Missouri average of $194,908.
The average cost of rent is $828/mo in Bourbon, primarily driven by the current value of real estate in the Bourbon area. While nearly 55.94% of residents own their homes outright in Bourbon, 23.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bourbon is $4,200 per month. Households that rent pay about 19.73% of their income on rent here. Bourbon's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- St. Cloud, MO: equally priced homes
- Coffeyton, MO: less expensive homes
- West Sullivan, MO: less expensive homes
- Argo, MO: equally priced homes
- Hinch, MO: equally priced homes
- Sullivan, MO: equally priced homes
- Leasburg, MO: less expensive homes
- Oak Grove Village, MO: less expensive homes
- Japan, MO: higher priced homes
- Spring Bluff, MO: less expensive homes
Cities with Similar Populations
- Jackson, SC: equally priced homes
- Belle, WV: less expensive homes
- Blue Ridge, TX: higher priced homes
- Brookdale, SC: less expensive homes
- St. James City, FL: higher priced homes
- Luverne, AL: less expensive homes
- Maple Falls, WA: higher priced homes
- Mobridge, SD: less expensive homes
- Pound Ridge, NY: higher priced homes
- Frederick, OK: less expensive homes
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