The Most Affordable Neighborhoods in Marshfield, MO by Home Value

These days, finding an affordable place to live in the Marshfield area can be challenging. Home prices in Marshfield are now at a median cost of $215,668, lower than the Missouri average of $246,641.

The average cost of rent is $747/mo in Marshfield, primarily driven by the current value of real estate in the Marshfield area. In Marshfield, 25.30% of households rent, and 42.34% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Marshfield is $6,193 per month. Households that rent pay about 12.06% of their income on rent here. Marshfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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