Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morehouse area can be challenging. Home prices in Morehouse are now at a median cost of $62,696, lower than the Missouri average of $194,908.
The average cost of rent is $579/mo in Morehouse, primarily driven by the current value of real estate in the Morehouse area. While nearly 52.52% of residents own their homes outright in Morehouse, 39.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morehouse is $3,334 per month. Households that rent pay about 17.36% of their income on rent here. Morehouse's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Salcedo, MO: higher priced homes
- Delmo, MO: higher priced homes
- Grayridge, MO: higher priced homes
- Birds Corner, MO: higher priced homes
- Tanner, MO: higher priced homes
- Canalou, MO: higher priced homes
- Sikeston, MO: higher priced homes
- Hunterville, MO: higher priced homes
- Clines Island, MO: higher priced homes
- Matthews, MO: higher priced homes
Cities with Similar Populations
- Eckford, MI: higher priced homes
- Walton, KS: higher priced homes
- Walnut Creek, OH: higher priced homes
- Valley Spring, TX: higher priced homes
- Union Hill, NC: higher priced homes
- Union Grove, TN: higher priced homes
- Unalakleet, AK: higher priced homes
- Three Mile Bay, NY: higher priced homes
- Thorndike, ME: higher priced homes
- Etna, NH: higher priced homes
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