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Affordable
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These days, finding an affordable place to live in the Falcon area can be challenging. Home prices in Falcon are now at a median cost of $216,452, lower than the Missouri average of $246,641.
The average cost of rent is $959/mo in Falcon, primarily driven by the current value of real estate in the Falcon area. In Falcon, 14.06% of households rent, and 55.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Falcon is $5,298 per month. Households that rent pay about 18.10% of their income on rent here. Falcon’s most expensive areas are in the northwestern 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
- Drew, MO: higher priced homes
- Agnes, MO: equally priced homes
- Lynchburg, MO: less expensive homes
- Drynob, MO: equally priced homes
- Nebo, MO: less expensive homes
- Origanna, MO: equally priced homes
- Jerktail, MO: equally priced homes
- Manes, MO: less expensive homes
- Evergreen, MO: equally priced homes
- Oakland, MO: higher priced homes
Cities with Similar Populations
- Platoro, CO: higher priced homes
- Milo, CA: higher priced homes
- Mineral, IL: less expensive homes
- Mintz, NC: less expensive homes
- Mixon, AR: less expensive homes
- Momeyer, NC: equally priced homes
- Monson, CA: higher priced homes
- Pintlala, AL: equally priced homes
- Pioneer, MO: equally priced homes
- Millville, NY: less expensive homes
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