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 $153,998, lower than the Missouri average of $246,641.

The average cost of rent is $574/mo in Mineral Spring, primarily driven by the current value of real estate in the Mineral Spring area. In Mineral Spring, 9.05% of households rent, and 69.05% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mineral Spring is $4,948 per month. Households that rent pay about 11.60% of their income on rent here. Mineral Spring’s most expensive areas are in the southwestern 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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