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These days, finding an affordable place to live in the Canalou area can be challenging. Home prices in Canalou are now at a median cost of $71,356, lower than the Missouri average of $246,641.
The average cost of rent is $782/mo in Canalou, primarily driven by the current value of real estate in the Canalou area. In Canalou, 21.81% of households rent, and 75.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canalou is $4,905 per month. Households that rent pay about 15.94% of their income on rent here. Canalou’s most expensive areas are in the northeastern 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
- Charter Oak, MO: higher priced homes
- Delmo, MO: higher priced homes
- Matthews, MO: higher priced homes
- Morehouse, MO: less expensive homes
- Grayridge, MO: higher priced homes
- Kewanee, MO: equally priced homes
- Hunterville, MO: higher priced homes
- Penermon, MO: higher priced homes
- Salcedo, MO: higher priced homes
- La Valle, MO: higher priced homes
Cities with Similar Populations
- Ceylon, PA: higher priced homes
- Reaville, NJ: higher priced homes
- Meadow, SD: higher priced homes
- Medoc, MO: higher priced homes
- Meekers Grove, WI: higher priced homes
- Mekoryuk, AK: higher priced homes
- Metz, WI: higher priced homes
- Middletown, NC: higher priced homes
- Wrightsboro, TX: higher priced homes
- Yaak, MT: higher priced homes
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