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These days, finding an affordable place to live in the Essex area can be challenging. Home prices in Essex are now at a median cost of $98,944, lower than the Missouri average of $246,641.
The average cost of rent is $693/mo in Essex, primarily driven by the current value of real estate in the Essex area. In Essex, 28.57% of households rent, and 51.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Essex is $4,994 per month. Households that rent pay about 13.87% of their income on rent here. Essex’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hunterville, MO: equally priced homes
- Penermon, MO: equally priced homes
- Idalia, MO: equally priced homes
- Grayridge, MO: less expensive homes
- Clines Island, MO: less expensive homes
- Birds Corner, MO: less expensive homes
- Frisco, MO: equally priced homes
- Bloomfield, MO: higher priced homes
- Dexter, MO: higher priced homes
- Morehouse, MO: less expensive homes
Cities with Similar Populations
- Renova, MS: higher priced homes
- Lafayette Springs, MS: higher priced homes
- Lane, SC: less expensive homes
- Leadville North, CO: higher priced homes
- Meadow Grove, NE: higher priced homes
- Mesa, MS: higher priced homes
- Mount Calm, TX: higher priced homes
- Quinebaug, CT: higher priced homes
- Ray, OH: higher priced homes
- Reiles Acres, ND: higher priced homes
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