The Most Affordable Neighborhoods in Grant City, MO by Home Value

These days, finding an affordable place to live in the Grant City area can be challenging. Home prices in Grant City are now at a median cost of $78,955, lower than the Missouri average of $246,641.

The average cost of rent is $455/mo in Grant City, primarily driven by the current value of real estate in the Grant City area. In Grant City, 18.66% of households rent, and 70.58% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grant City is $4,074 per month. Households that rent pay about 11.17% of their income on rent here. Grant City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.

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

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