The Most Affordable Neighborhoods in Cape Fair, MO by Home Value

 

Cape Fair, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cape Fair area can be challenging. Home prices in Cape Fair are now at a median cost of $214,664, lower than the Missouri average of $246,641.

The average cost of rent is $944/mo in Cape Fair, primarily driven by the current value of real estate in the Cape Fair area. In Cape Fair, 15.10% of households rent, and 60.14% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cape Fair is $5,226 per month. Households that rent pay about 18.06% of their income on rent here. Cape Fair’s most expensive areas are in the northern 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.


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