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These days, finding an affordable place to live in the Lockwood area can be challenging. Home prices in Lockwood are now at a median cost of $162,433, lower than the Missouri average of $246,641.
The average cost of rent is $769/mo in Lockwood, primarily driven by the current value of real estate in the Lockwood area. In Lockwood, 28.81% of households rent, and 63.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockwood is $3,783 per month. Households that rent pay about 20.33% of their income on rent here. Lockwood’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
- Meinert, MO: higher priced homes
- Greenfield, MO: less expensive homes
- South Greenfield, MO: higher priced homes
- Neola, MO: higher priced homes
- Sylvania, MO: higher priced homes
- Golden City, MO: less expensive homes
- Round Grove, MO: equally priced homes
- Red Oak, MO: equally priced homes
- Heatonville, MO: higher priced homes
- Corry, MO: higher priced homes
Cities with Similar Populations
- Alda, NE: higher priced homes
- Allenhurst, NJ: higher priced homes
- Rockingham, GA: less expensive homes
- Newfolden, MN: higher priced homes
- Odebolt, IA: less expensive homes
- Odell, IL: equally priced homes
- Otwell, IN: higher priced homes
- Raymond, IL: less expensive homes
- Red Banks, MS: higher priced homes
- Rhodhiss, NC: equally priced homes
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