The Most Affordable Neighborhoods in Cape Girardeau County, MO by Home Value

 

Cape Girardeau County, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cape Girardeau County area can be challenging. Home prices in Cape Girardeau County are now at a median cost of $171,535, lower than the Missouri average of $194,908.

The average cost of rent is $901/mo in Cape Girardeau County, primarily driven by the current value of real estate in the Cape Girardeau County area. While nearly 38.62% of residents own their homes outright in Cape Girardeau County, 30.19% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cape Girardeau County is $5,272 per month. Households that rent pay about 17.08% of their income on rent here. Cape Girardeau County's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the county.


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