Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merwin area can be challenging. Home prices in Merwin are now at a median cost of $140,088, lower than the Missouri average of $194,908.
The average cost of rent is $1,102/mo in Merwin, primarily driven by the current value of real estate in the Merwin area. While nearly 45.39% of residents own their homes outright in Merwin, 15.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merwin is $5,882 per month. Households that rent pay about 18.74% of their income on rent here. Merwin's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Amsterdam, MO: higher priced homes
- Drexel, MO: equally priced homes
- Burdett, MO: equally priced homes
- Linn Valley, KS: less expensive homes
- Main City, MO: higher priced homes
- Mulberry, MO: higher priced homes
- Lisle, MO: higher priced homes
- Everett, MO: higher priced homes
- Lacygne, KS: equally priced homes
- Virginia, MO: higher priced homes
Cities with Similar Populations
- Rossburg, NY: less expensive homes
- Pritchetts, GA: less expensive homes
- Richfield, NE: higher priced homes
- Richter, KS: equally priced homes
- Rimer, OH: equally priced homes
- Rock Bluff, SC: less expensive homes
- Rodey, NM: less expensive homes
- Roe, AR: less expensive homes
- Romance, WI: higher priced homes
- Rondo, VA: higher priced homes
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