The Most Affordable Neighborhoods in Hanley Hills, MO by Home Value

These days, finding an affordable place to live in the Hanley Hills area can be challenging. Home prices in Hanley Hills are now at a median cost of $83,754, lower than the Missouri average of $246,641.

The average cost of rent is $1,089/mo in Hanley Hills, primarily driven by the current value of real estate in the Hanley Hills area. In Hanley Hills, 40.55% of households rent, and 39.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hanley Hills is $3,908 per month. Households that rent pay about 27.86% of their income on rent here. Hanley Hills’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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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