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

 

Mineral Spring, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mineral Spring area can be challenging. Home prices in Mineral Spring are now at a median cost of $126,724, lower than the Missouri average of $194,908.

The average cost of rent is $657/mo in Mineral Spring, primarily driven by the current value of real estate in the Mineral Spring area. While nearly 63.80% of residents own their homes outright in Mineral Spring, 16.94% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mineral Spring is $4,214 per month. Households that rent pay about 15.59% of their income on rent here. Mineral Spring's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.


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