The Most Affordable Neighborhoods in Lock Springs, MO by Home Value

 

Lock Springs, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lock Springs area can be challenging. Home prices in Lock Springs are now at a median cost of $127,525, lower than the Missouri average of $194,908.

The average cost of rent is $713/mo in Lock Springs, primarily driven by the current value of real estate in the Lock Springs area. While nearly 44.31% of residents own their homes outright in Lock Springs, 15.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lock Springs is $6,125 per month. Households that rent pay about 11.64% of their income on rent here. Lock Springs's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.


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