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These days, finding an affordable place to live in the Kennett area can be challenging. Home prices in Kennett are now at a median cost of $123,280, lower than the Missouri average of $246,641.
The average cost of rent is $727/mo in Kennett, primarily driven by the current value of real estate in the Kennett area. In Kennett, 40.11% of households rent, and 48.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kennett is $4,558 per month. Households that rent pay about 15.94% of their income on rent here. Kennett’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tinkerville, MO: less expensive homes
- Scobeville, MO: higher priced homes
- Whiteoak, MO: less expensive homes
- Nimmons, AR: less expensive homes
- Octa, MO: higher priced homes
- Deer Land, MO: higher priced homes
- Gobler, MO: higher priced homes
- Bragg City, MO: less expensive homes
- Sumach, MO: less expensive homes
- Senath, MO: less expensive homes
Cities with Similar Populations
- Southwest Ranches, FL: higher priced homes
- Chipley, FL: higher priced homes
- Clay, AL: higher priced homes
- Clearfield, PA: equally priced homes
- Forest, MS: less expensive homes
- Fort Madison, IA: equally priced homes
- Fort Meade, MD: higher priced homes
- Frostproof, FL: higher priced homes
- Rising Sun, MD: higher priced homes
- South Haven, MI: higher priced homes
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