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Affordable
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These days, finding an affordable place to live in the Mendon area can be challenging. Home prices in Mendon are now at a median cost of $164,600, lower than the Missouri average of $246,641.
The average cost of rent is $550/mo in Mendon, primarily driven by the current value of real estate in the Mendon area. In Mendon, 13.43% of households rent, and 62.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mendon is $5,326 per month. Households that rent pay about 10.33% of their income on rent here. Mendon’s most expensive areas are in the central 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
- Rothville, MO: equally priced homes
- Indian Grove, MO: higher priced homes
- Triplett, MO: higher priced homes
- Sumner, MO: equally priced homes
- Mike, MO: equally priced homes
- Brunswick, MO: less expensive homes
- Hale, MO: less expensive homes
- Westville, MO: higher priced homes
- Marceline, MO: less expensive homes
- Bosworth, MO: less expensive homes
Cities with Similar Populations
- Odaville, WV: equally priced homes
- North Sebago, ME: higher priced homes
- North Star, MI: equally priced homes
- North Stratford, NH: equally priced homes
- Northmoor, MO: higher priced homes
- Norwood, IA: equally priced homes
- O'Kean, AR: less expensive homes
- O'reilly, MS: less expensive homes
- Oak Ridge, NY: equally priced homes
- Oakley, IA: equally priced homes
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