The Most Affordable Neighborhoods in Herculaneum, MO by Home Value

 

Herculaneum, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Herculaneum area can be challenging. Home prices in Herculaneum are now at a median cost of $179,150, lower than the Missouri average of $194,908.

The average cost of rent is $1,073/mo in Herculaneum, primarily driven by the current value of real estate in the Herculaneum area. While nearly 25.12% of residents own their homes outright in Herculaneum, 23.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in Herculaneum is $4,915 per month. Households that rent pay about 21.83% of their income on rent here. Herculaneum's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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