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These days, finding an affordable place to live in the Lathrop area can be challenging. Home prices in Lathrop are now at a median cost of $221,077, lower than the Missouri average of $246,641.
The average cost of rent is $827/mo in Lathrop, primarily driven by the current value of real estate in the Lathrop area. In Lathrop, 26.40% of households rent, and 40.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lathrop is $6,778 per month. Households that rent pay about 12.20% of their income on rent here. Lathrop’s most expensive areas are in the southwestern 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
- Holt, MO: higher priced homes
- Turney, MO: higher priced homes
- Plattsburg, MO: equally priced homes
- Lilly, MO: higher priced homes
- Perrin, MO: higher priced homes
- Elmira, MO: higher priced homes
- Lawson, MO: higher priced homes
- Mecca, MO: equally priced homes
- Excelsior Estates, MO: higher priced homes
- Paradise, MO: higher priced homes
Cities with Similar Populations
- Burbank, WA: higher priced homes
- Cadiz, OH: less expensive homes
- Canton, SD: higher priced homes
- Cayuga Heights, NY: higher priced homes
- Laporte, CO: higher priced homes
- Attica, IN: less expensive homes
- Luther, OK: equally priced homes
- Lytton Springs, TX: higher priced homes
- Marion, AL: less expensive homes
- Middletown, VA: higher priced homes
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