The Most Affordable Neighborhoods in Mineral Point, MO by Home Value

 

Mineral Point, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mineral Point area can be challenging. Home prices in Mineral Point are now at a median cost of $105,551, lower than the Missouri average of $194,908.

The average cost of rent is $667/mo in Mineral Point, primarily driven by the current value of real estate in the Mineral Point area. While nearly 55.70% of residents own their homes outright in Mineral Point, 14.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mineral Point is $3,417 per month. Households that rent pay about 19.52% of their income on rent here. Mineral Point's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.


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