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These days, finding an affordable place to live in the Lees Summit area can be challenging. Home prices in Lees Summit are now at a median cost of $349,255, higher than the Missouri average of $246,641.
The average cost of rent is $1,670/mo in Lees Summit, primarily driven by the current value of real estate in the Lees Summit area. In Lees Summit, 26.21% of households rent, and 32.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lees Summit is $9,325 per month. Households that rent pay about 17.91% of their income on rent here. Lees Summit’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
- Unity Village, MO: less expensive homes
- Greenwood, MO: equally priced homes
- Lake Lotawana, MO: higher priced homes
- Lake Winnebago, MO: higher priced homes
- Raytown, MO: less expensive homes
- Lake Tapawingo, MO: equally priced homes
- Grandview, MO: less expensive homes
- Tarsney Lakes, MO: higher priced homes
- Blue Springs, MO: less expensive homes
- Raymore, MO: equally priced homes
Cities with Similar Populations
- Broomfield, CO: higher priced homes
- Broken Arrow, OK: less expensive homes
- Bloomington, IN: less expensive homes
- Bloomington, IL: less expensive homes
- Billings, MT: equally priced homes
- Birmingham, AL: less expensive homes
- Brooklyn, NY: higher priced homes
- Boulder, CO: higher priced homes
- Bend, OR: higher priced homes
- Bowie, MD: higher priced homes
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