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These days, finding an affordable place to live in the Fredericktown area can be challenging. Home prices in Fredericktown are now at a median cost of $157,762, lower than the Missouri average of $246,641.
The average cost of rent is $856/mo in Fredericktown, primarily driven by the current value of real estate in the Fredericktown area. In Fredericktown, 27.96% of households rent, and 48.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fredericktown is $5,238 per month. Households that rent pay about 16.34% of their income on rent here. Fredericktown’s most expensive areas are in the western 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
- Cobalt, MO: equally priced homes
- Junction City, MO: equally priced homes
- Millcreek, MO: higher priced homes
- Mine La Motte, MO: higher priced homes
- Cherokee Pass, MO: higher priced homes
- Higdon, MO: higher priced homes
- Cornwall, MO: higher priced homes
- Knob Lick, MO: higher priced homes
- Zion, MO: equally priced homes
- Womack, MO: higher priced homes
Cities with Similar Populations
- Salida, CO: higher priced homes
- Leechburg, PA: higher priced homes
- Lincoln, AL: higher priced homes
- Lisbon, OH: less expensive homes
- Litchfield, IL: less expensive homes
- Litchfield, MN: higher priced homes
- Livingston, LA: higher priced homes
- Livingston, TN: equally priced homes
- Lochbuie, CO: higher priced homes
- Rutledge, TN: higher priced homes
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