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These days, finding an affordable place to live in the Chesterfield area can be challenging. Home prices in Chesterfield are now at a median cost of $492,461, higher than the Missouri average of $246,641.
The average cost of rent is $1,805/mo in Chesterfield, primarily driven by the current value of real estate in the Chesterfield area. In Chesterfield, 22.55% of households rent, and 38.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chesterfield is $12,160 per month. Households that rent pay about 14.84% of their income on rent here. Chesterfield’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clarkson Valley, MO: higher priced homes
- Town and Country, MO: higher priced homes
- Winchester, MO: less expensive homes
- Ballwin, MO: less expensive homes
- Ellisville, MO: less expensive homes
- Manchester, MO: less expensive homes
- Creve Coeur, MO: higher priced homes
- Wildwood, MO: higher priced homes
- Twin Oaks, MO: less expensive homes
- Grover, MO: less expensive homes
Cities with Similar Populations
- Euclid, OH: less expensive homes
- Middletown, NY: less expensive homes
- Milton, FL: less expensive homes
- New Albany, IN: less expensive homes
- Madison, MS: less expensive homes
- Newburgh, NY: less expensive homes
- Rancho Santa Margarita, CA: higher priced homes
- Rio Grande, PR: less expensive homes
- Jeffersonville, IN: less expensive homes
- Sherman, TX: less expensive homes
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