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These days, finding an affordable place to live in the Callao area can be challenging. Home prices in Callao are now at a median cost of $120,925, lower than the Missouri average of $246,641.
The average cost of rent is $761/mo in Callao, primarily driven by the current value of real estate in the Callao area. In Callao, 11.60% of households rent, and 69.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Callao is $4,205 per month. Households that rent pay about 18.10% of their income on rent here. Callao’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bevier, MO: equally priced homes
- Keota, MO: higher priced homes
- Number Eight, MO: higher priced homes
- New Cambria, MO: higher priced homes
- Bloomington, MO: higher priced homes
- Cash, MO: higher priced homes
- Kaseyville, MO: higher priced homes
- Macon, MO: higher priced homes
- College Mound, MO: higher priced homes
- Wien, MO: higher priced homes
Cities with Similar Populations
- Harmon, TN: higher priced homes
- Springview, NE: less expensive homes
- Glenn Springs, SC: higher priced homes
- Glens Fork, KY: equally priced homes
- Springdale, KS: higher priced homes
- Speculator, NY: higher priced homes
- South Colton, NY: higher priced homes
- South Athol, MA: higher priced homes
- Greencastle, MO: equally priced homes
- Silver Lake, MA: higher priced homes
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