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These days, finding an affordable place to live in the Hermondale area can be challenging. Home prices in Hermondale are now at a median cost of $85,258, lower than the Missouri average of $246,641.
The average cost of rent is $634/mo in Hermondale, primarily driven by the current value of real estate in the Hermondale area. In Hermondale, 43.74% of households rent, and 61.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hermondale is $3,861 per month. Households that rent pay about 16.42% of their income on rent here. Hermondale’s most expensive areas are in the western 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
- Samford, MO: higher priced homes
- Holland, MO: equally priced homes
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- Blytheville, AR: higher priced homes
Cities with Similar Populations
- Amonate, VA: equally priced homes
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- Angela, MT: higher priced homes
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