The Most Affordable Neighborhoods in Franz Park, St. Louis, MO by Home Value

 

Franz Park, St. Louis, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Franz Park area can be challenging. Home prices in Franz Park are now at a median cost of $222,697, lower than the St. Louis average of $271,550.

The average cost of rent is $1,116/mo in Franz Park, primarily driven by the current value of real estate in the Franz Park area. In Franz Park, 47.27% of households rent, and 30.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Franz Park is $6,337 per month. Households that rent pay about 17.62% of their income on rent here. Franz Park’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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