The Most Affordable Neighborhoods in Chapel Hill, MO by Home Value

 

Chapel Hill, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chapel Hill area can be challenging. Home prices in Chapel Hill are now at a median cost of $252,925, higher than the Missouri average of $194,908.

The average cost of rent is $679/mo in Chapel Hill, primarily driven by the current value of real estate in the Chapel Hill area. While nearly 39.66% of residents own their homes outright in Chapel Hill, 6.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chapel Hill is $8,318 per month. Households that rent pay about 8.16% of their income on rent here. Chapel Hill's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.


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