
Affordable
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These days, finding an affordable place to live in the Hale area can be challenging. Home prices in Hale are now at a median cost of $137,246, lower than the Missouri average of $246,641.
The average cost of rent is $690/mo in Hale, primarily driven by the current value of real estate in the Hale area. In Hale, 14.71% of households rent, and 66.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hale is $5,288 per month. Households that rent pay about 13.05% of their income on rent here. Hale’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sumner, MO: higher priced homes
- Avalon, MO: higher priced homes
- Tina, MO: less expensive homes
- Bosworth, MO: less expensive homes
- Coloma, MO: equally priced homes
- Meadville, MO: higher priced homes
- Triplett, MO: higher priced homes
- Mendon, MO: higher priced homes
- Dawn, MO: higher priced homes
- Laclede, MO: less expensive homes
Cities with Similar Populations
- Means, KY: less expensive homes
- Roswell, OH: higher priced homes
- Rock Creek, ID: higher priced homes
- Richville, OK: higher priced homes
- Morseville, MI: higher priced homes
- Modesto, IL: equally priced homes
- Middle Inlet, WI: higher priced homes
- Mettawa, IL: higher priced homes
- Merritt, NC: higher priced homes
- Round Hill, KY: equally priced homes
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