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Affordable
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These days, finding an affordable place to live in the Edina area can be challenging. Home prices in Edina are now at a median cost of $106,265, lower than the Missouri average of $246,641.
The average cost of rent is $663/mo in Edina, primarily driven by the current value of real estate in the Edina area. In Edina, 22.93% of households rent, and 55.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edina is $4,389 per month. Households that rent pay about 15.10% of their income on rent here. Edina’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Baring, MO: higher priced homes
- Hurdland, MO: less expensive homes
- Hedge City, MO: higher priced homes
- Knox City, MO: higher priced homes
- Rutledge, MO: higher priced homes
- Greensburg, MO: higher priced homes
- Novelty, MO: equally priced homes
- Locust Hill, MO: equally priced homes
- Brashear, MO: higher priced homes
- La Belle, MO: equally priced homes
Cities with Similar Populations
- Hazel, KY: higher priced homes
- Searsmont, ME: higher priced homes
- Scenic, AZ: higher priced homes
- Sandhill, MS: higher priced homes
- Johnson City, OR: higher priced homes
- Jewell Junction, IA: higher priced homes
- Humboldt, IL: higher priced homes
- Houlka, MS: less expensive homes
- Hickory, PA: higher priced homes
- Hemingford, NE: higher priced homes
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