The Most Affordable Neighborhoods in Lemay, MO by Home Value

 

Lemay, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lemay area can be challenging. Home prices in Lemay are now at a median cost of $113,731, lower than the Missouri average of $194,908.

The average cost of rent is $922/mo in Lemay, primarily driven by the current value of real estate in the Lemay area. While nearly 39.02% of residents own their homes outright in Lemay, 28.22% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lemay is $4,571 per month. Households that rent pay about 20.16% of their income on rent here. Lemay's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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