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These days, finding an affordable place to live in the Merriam Woods area can be challenging. Home prices in Merriam Woods are now at a median cost of $121,894, lower than the Missouri average of $246,641.
The average cost of rent is $956/mo in Merriam Woods, primarily driven by the current value of real estate in the Merriam Woods area. In Merriam Woods, 22.54% of households rent, and 37.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Merriam Woods is $4,396 per month. Households that rent pay about 21.76% of their income on rent here. Merriam Woods’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rockaway Beach, MO: higher priced homes
- Bull Creek, MO: higher priced homes
- Forsyth, MO: higher priced homes
- Walnut Shade, MO: higher priced homes
- Powersite, MO: higher priced homes
- Branson, MO: higher priced homes
- Kirbyville, MO: higher priced homes
- Mildred, MO: higher priced homes
- Kissee Mills, MO: higher priced homes
- Saddlebrooke, MO: higher priced homes
Cities with Similar Populations
- Rolling Hills, CA: higher priced homes
- South Roxana, IL: equally priced homes
- Shrub Oak, NY: higher priced homes
- Shelby, MS: less expensive homes
- Sandy Hook, MS: less expensive homes
- San Mateo, FL: higher priced homes
- Sackets Harbor, NY: higher priced homes
- Ruby, SC: higher priced homes
- Round O, SC: equally priced homes
- Stephentown, NY: higher priced homes
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