Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morrison area can be challenging. Home prices in Morrison are now at a median cost of $107,088, lower than the Missouri average of $194,908.
The average cost of rent is $573/mo in Morrison, primarily driven by the current value of real estate in the Morrison area. While nearly 57.68% of residents own their homes outright in Morrison, 10.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morrison is $4,983 per month. Households that rent pay about 11.49% of their income on rent here. Morrison's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Pershing, MO: equally priced homes
- Gasconade, MO: equally priced homes
- Bluffton, MO: higher priced homes
- Chamois, MO: less expensive homes
- Hope, MO: higher priced homes
- Freedom, MO: less expensive homes
- Portland, MO: higher priced homes
- Mint Hill, MO: higher priced homes
- Starkenburg, MO: higher priced homes
- Hermann, MO: higher priced homes
Cities with Similar Populations
- Hillside, SD: higher priced homes
- Skene, MS: higher priced homes
- Lawrence, NE: less expensive homes
- Johnsville, TX: higher priced homes
- Jamestown, KS: equally priced homes
- Iona, NJ: higher priced homes
- Ingold, NC: equally priced homes
- Indian Lake, PA: higher priced homes
- Hunters, WA: higher priced homes
- Hoytville, OH: higher priced homes
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