The Most Affordable Neighborhoods in Mine La Motte, MO by Home Value

 

Mine La Motte, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mine La Motte area can be challenging. Home prices in Mine La Motte are now at a median cost of $193,360, lower than the Missouri average of $246,641.

The average cost of rent is $792/mo in Mine La Motte, primarily driven by the current value of real estate in the Mine La Motte area. In Mine La Motte, 8.61% of households rent, and 40.56% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mine La Motte is $6,023 per month. Households that rent pay about 13.14% of their income on rent here. Mine La Motte’s most expensive areas are in the northeastern 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.


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