
Home Price Key
These days, finding an affordable place to live in the Manila area can be challenging. Home prices in Manila are now at a median cost of $195,451, higher than the Missouri average of $194,908.
The average cost of rent is $805/mo in Manila, primarily driven by the current value of real estate in the Manila area. While nearly 55.07% of residents own their homes outright in Manila, 25.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manila is $5,381 per month. Households that rent pay about 14.96% of their income on rent here. Manila's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
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