The Most Affordable Neighborhoods in Lake Annette, MO by Home Value

 

Lake Annette, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Annette area can be challenging. Home prices in Lake Annette are now at a median cost of $202,150, higher than the Missouri average of $194,908.

The average cost of rent is $958/mo in Lake Annette, primarily driven by the current value of real estate in the Lake Annette area. While nearly 36.85% of residents own their homes outright in Lake Annette, 14.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Annette is $6,280 per month. Households that rent pay about 15.25% of their income on rent here. Lake Annette's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.


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