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 $172,789, lower than the St. Louis average of $224,013.

The average cost of rent is $1,000/mo in Franz Park, primarily driven by the current value of real estate in the Franz Park area. While nearly 31.83% of residents own their homes outright in Franz Park, 40.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in Franz Park is $5,408 per month. Households that rent pay about 18.49% of their income on rent here. Franz Park's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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