
Home Price Key
These days, finding an affordable place to live in the Farrar area can be challenging. Home prices in Farrar are now at a median cost of $179,651, lower than the Missouri average of $194,908.
The average cost of rent is $800/mo in Farrar, primarily driven by the current value of real estate in the Farrar area. While nearly 58.98% of residents own their homes outright in Farrar, 3.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farrar is $6,214 per month. Households that rent pay about 12.87% of their income on rent here. Farrar's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Brazeau, MO: less expensive homes
- Frohna, MO: less expensive homes
- Crosstown, MO: equally priced homes
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- Jacob, IL: less expensive homes
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- Old Appleton, MO: less expensive homes
- Menfro, MO: higher priced homes
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Cities with Similar Populations
- Patterson, MS: less expensive homes
- Penn, AL: less expensive homes
- Peniel, TX: equally priced homes
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- Penntown, IN: higher priced homes
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