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These days, finding an affordable place to live in the Mount Hope area can be challenging. Home prices in Mount Hope are now at a median cost of $279,981, higher than the Missouri average of $246,641.
The average cost of rent is $965/mo in Mount Hope, primarily driven by the current value of real estate in the Mount Hope area. In Mount Hope, 4.89% of households rent, and 52.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Hope is $7,022 per month. Households that rent pay about 13.75% of their income on rent here. Mount Hope’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Piney Park, MO: less expensive homes
- Lonedell, MO: less expensive homes
- Parkway, MO: less expensive homes
- Robertsville, MO: equally priced homes
- Luebbering, MO: less expensive homes
- St. Clair, MO: less expensive homes
- Grubville, MO: less expensive homes
- Catawissa, MO: equally priced homes
- Dittmer, MO: less expensive homes
- Villa Ridge, MO: equally priced homes
Cities with Similar Populations
- Independence, TX: higher priced homes
- Spring Lake, WI: equally priced homes
- Spring Lake, IN: equally priced homes
- Spaceport City, NM: less expensive homes
- South Danby, NY: equally priced homes
- South Bombay, NY: less expensive homes
- Slab City, NY: less expensive homes
- Simnasho, OR: equally priced homes
- Siloam, TN: higher priced homes
- Jameson, MN: less expensive homes
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