The Most Affordable Neighborhoods in Lyon, MO by Home Value

 

Lyon, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lyon area can be challenging. Home prices in Lyon are now at a median cost of $266,352, higher than the Missouri average of $194,908.

The average cost of rent is $676/mo in Lyon, primarily driven by the current value of real estate in the Lyon area. While nearly 45.12% of residents own their homes outright in Lyon, 3.92% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lyon is $8,814 per month. Households that rent pay about 7.67% of their income on rent here. Lyon's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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