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Expensive
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These days, finding an affordable place to live in the Central Business District area can be challenging. Home prices in Central Business District are now at a median cost of $242,220, lower than the Kansas City average of $305,799.
The average cost of rent is $1,552/mo in Central Business District, primarily driven by the current value of real estate in the Central Business District area. In Central Business District, 82.37% of households rent, and 54.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central Business District is $6,445 per month. Households that rent pay about 24.08% of their income on rent here. Central Business District’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Pendleton Heights, Kansas City, MO: higher priced homes
- Independence Plaza, Kansas City, MO: less expensive homes
- Scarritt Renaissance, Kansas City, MO: less expensive homes
- Lykins, Kansas City, MO: less expensive homes
- Strawberry Hill, Kansas City, KS: less expensive homes
- East Community Team North, Kansas City, MO: less expensive homes
- Riverview, Kansas City, KS: less expensive homes
- South India Mound, Kansas City, MO: less expensive homes
- East Community Team South, Kansas City, MO: less expensive homes
- Volker, Kansas City, MO: higher priced homes
Neighborhoods with Similar Populations
- Bay Farm Island, Alameda, CA: higher priced homes
- Lakeside, San Antonio, TX: less expensive homes
- Desert Hills, Las Vegas, NV: higher priced homes
- Roseville, San Diego, CA: higher priced homes
- City Hall Monument District, New Britain, CT: equally priced homes
- Donelson, Nashville, TN: higher priced homes
- Northeast Durham, Durham, NC: equally priced homes
- Kenfield, Buffalo, NY: less expensive homes
- Downtown Walnut Creek, Walnut Creek, CA: higher priced homes
- Sherman Heights, San Diego, CA: higher priced homes
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