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These days, finding an affordable place to live in the Morrisville area can be challenging. Home prices in Morrisville are now at a median cost of $209,391, lower than the Missouri average of $246,641.
The average cost of rent is $785/mo in Morrisville, primarily driven by the current value of real estate in the Morrisville area. In Morrisville, 25.07% of households rent, and 38.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morrisville is $5,161 per month. Households that rent pay about 15.21% of their income on rent here. Morrisville’s most expensive areas are in the southeastern 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.
Nearby Cities
- Wishart, MO: equally priced homes
- Slagle, MO: equally priced homes
- Brighton, MO: equally priced homes
- Eudora, MO: equally priced homes
- Walnut Grove, MO: equally priced homes
- Aldrich, MO: higher priced homes
- Pleasant Hope, MO: equally priced homes
- Goodnight, MO: equally priced homes
- Willard, MO: higher priced homes
- Glidewell, MO: higher priced homes
Cities with Similar Populations
- Garwood, ID: higher priced homes
- Shelter Island Heights, NY: higher priced homes
- Hillcrest Heights, FL: less expensive homes
- Highland Home, AL: less expensive homes
- Harwood, ND: higher priced homes
- Hartwick, NY: equally priced homes
- Hartsgrove, OH: less expensive homes
- Harrisville, NY: less expensive homes
- Harnell Park, MN: higher priced homes
- Griswold, IA: less expensive homes
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