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Affordable
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These days, finding an affordable place to live in the Buffalo area can be challenging. Home prices in Buffalo are now at a median cost of $172,388, lower than the Missouri average of $246,641.
The average cost of rent is $623/mo in Buffalo, primarily driven by the current value of real estate in the Buffalo area. In Buffalo, 35.30% of households rent, and 38.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Buffalo is $4,795 per month. Households that rent pay about 12.99% of their income on rent here. Buffalo’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cloverdale, MO: less expensive homes
- Foose, MO: equally priced homes
- March, MO: higher priced homes
- Halfway, MO: equally priced homes
- Goodson, MO: less expensive homes
- Schofield, MO: higher priced homes
- Louisburg, MO: less expensive homes
- Long Lane, MO: equally priced homes
- Wall Street, MO: higher priced homes
- Rimby, MO: equally priced homes
Cities with Similar Populations
- Carolina Beach, NC: higher priced homes
- Cherokee, NC: higher priced homes
- Homestead Meadows South, TX: higher priced homes
- Hortonville, WI: higher priced homes
- Houston, MS: less expensive homes
- Hugo, OK: less expensive homes
- Hull, GA: higher priced homes
- Carthage, NY: equally priced homes
- Carrollton, KY: less expensive homes
- Carrizo Springs, TX: less expensive homes
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