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Affordable
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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $174,103, lower than the Missouri average of $246,641.
The average cost of rent is $833/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 34.00% of households rent, and 50.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $5,535 per month. Households that rent pay about 15.06% of their income on rent here. Hamilton’s most expensive areas are in the southwestern 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.
Nearby Cities
- Nettleton, MO: equally priced homes
- Kidder, MO: equally priced homes
- New York, MO: higher priced homes
- Kingston, MO: higher priced homes
- Kerr, MO: higher priced homes
- Breckenridge, MO: less expensive homes
- Altamont, MO: higher priced homes
- Gallatin, MO: equally priced homes
- Cowgill, MO: equally priced homes
- Winston, MO: equally priced homes
Cities with Similar Populations
- Osyka, MS: less expensive homes
- Ellinwood, KS: less expensive homes
- Ellis, KS: equally priced homes
- Ferndale, CA: higher priced homes
- Fredonia, PA: equally priced homes
- Hambden, OH: higher priced homes
- Holiday Island, AR: higher priced homes
- Huntsville, MO: less expensive homes
- Kittery Point, ME: higher priced homes
- Marshallville, OH: higher priced homes
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