Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Commerce area can be challenging. Home prices in Commerce are now at a median cost of $114,740, lower than the Missouri average of $194,908.
The average cost of rent is $766/mo in Commerce, primarily driven by the current value of real estate in the Commerce area. While nearly 34.84% of residents own their homes outright in Commerce, 15.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Commerce is $4,612 per month. Households that rent pay about 16.62% of their income on rent here. Commerce's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Thebes, IL: less expensive homes
- Kelso, MO: higher priced homes
- Scott City, MO: equally priced homes
- Benton, MO: higher priced homes
- Haywood City, MO: less expensive homes
- Lambert, MO: higher priced homes
- Olive Branch, IL: less expensive homes
- Gale, IL: equally priced homes
- Rockview, MO: higher priced homes
- Cache, IL: less expensive homes
Cities with Similar Populations
- Leisure Knoll, NJ: higher priced homes
- Unionville, LA: higher priced homes
- DeBorgia, MT: higher priced homes
- Union Hill, MN: higher priced homes
- Unger, OK: less expensive homes
- Dellwood, OR: higher priced homes
- Denhawken, TX: higher priced homes
- DeSoto, IN: higher priced homes
- DeVol, OK: equally priced homes
- Muscotah, KS: equally priced homes
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