The Most Affordable Neighborhoods in Madison County, MO by Home Value

 

Madison County, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Madison County area can be challenging. Home prices in Madison County are now at a median cost of $136,093, lower than the Missouri average of $194,908.

The average cost of rent is $621/mo in Madison County, primarily driven by the current value of real estate in the Madison County area. While nearly 46.98% of residents own their homes outright in Madison County, 19.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in Madison County is $4,683 per month. Households that rent pay about 13.25% of their income on rent here. Madison County's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the county.


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