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These days, finding an affordable place to live in the Cornwall area can be challenging. Home prices in Cornwall are now at a median cost of $172,215, lower than the Missouri average of $246,641.
The average cost of rent is $645/mo in Cornwall, primarily driven by the current value of real estate in the Cornwall area. In Cornwall, 12.81% of households rent, and 46.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cornwall is $5,075 per month. Households that rent pay about 12.71% of their income on rent here. Cornwall’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Higdon, MO: equally priced homes
- Cobalt, MO: less expensive homes
- Cherokee Pass, MO: equally priced homes
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- Fredericktown, MO: equally priced homes
- Patton, MO: equally priced homes
- Millcreek, MO: higher priced homes
- Mine La Motte, MO: higher priced homes
- Patton Junction, MO: equally priced homes
Cities with Similar Populations
- Mahoneyville, NJ: higher priced homes
- Pirtle, TX: higher priced homes
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- Monroe Center, MI: higher priced homes
- Merna, NE: higher priced homes
- Mehama, OR: higher priced homes
- Meaux, LA: higher priced homes
- Mc Lean, NY: higher priced homes
- Mather, PA: less expensive homes
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