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These days, finding an affordable place to live in the Garwood area can be challenging. Home prices in Garwood are now at a median cost of $130,700, lower than the Missouri average of $246,641.
The average cost of rent is $690/mo in Garwood, primarily driven by the current value of real estate in the Garwood area. In Garwood, 55.44% of households rent, and 71.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garwood is $3,603 per month. Households that rent pay about 19.16% of their income on rent here. Garwood’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Van Buren, MO: equally priced homes
- Van Buren, MO: equally priced homes
- House Creek, MO: equally priced homes
- Eastwood, MO: equally priced homes
- Fremont, MO: equally priced homes
- Handy, MO: equally priced homes
- Hunter, MO: higher priced homes
- Ellsinore, MO: higher priced homes
- Grandin, MO: higher priced homes
- New Liberty, MO: higher priced homes
Cities with Similar Populations
- Justiceburg, TX: higher priced homes
- Jacksonville, IA: higher priced homes
- Jacobia, TX: higher priced homes
- Jamestown, VA: higher priced homes
- Jaywye, MO: equally priced homes
- Jericho, AL: less expensive homes
- Jonben, WV: less expensive homes
- Josephine, AL: higher priced homes
- Joy, KS: equally priced homes
- Joyland, AR: less expensive homes
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