The Most Affordable Neighborhoods in Gravel Hill, MO by Home Value

 

Gravel Hill, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gravel Hill area can be challenging. Home prices in Gravel Hill are now at a median cost of $143,067, lower than the Missouri average of $194,908.

The average cost of rent is $824/mo in Gravel Hill, primarily driven by the current value of real estate in the Gravel Hill area. While nearly 48.67% of residents own their homes outright in Gravel Hill, 17.05% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gravel Hill is $3,566 per month. Households that rent pay about 23.11% of their income on rent here. Gravel Hill's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.


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