Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murphy area can be challenging. Home prices in Murphy are now at a median cost of $161,678, lower than the Missouri average of $194,908.
The average cost of rent is $924/mo in Murphy, primarily driven by the current value of real estate in the Murphy area. While nearly 44.28% of residents own their homes outright in Murphy, 19.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murphy is $5,203 per month. Households that rent pay about 17.75% of their income on rent here. Murphy's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Fenton, MO: higher priced homes
- High Ridge, MO: higher priced homes
- Parkdale, MO: higher priced homes
- Valley Park, MO: higher priced homes
- Times Beach, MO: higher priced homes
- Twin Oaks, MO: equally priced homes
- Sunset Hills, MO: higher priced homes
- Byrnes Mill, MO: higher priced homes
- Manchester, MO: higher priced homes
- House Springs, MO: higher priced homes
Cities with Similar Populations
- Fairfield, NJ: higher priced homes
- Wellston, OH: less expensive homes
- Wellsville, NY: less expensive homes
- Gering, NE: equally priced homes
- Geismar, LA: higher priced homes
- Fruitland, ID: higher priced homes
- Franklin, PA: less expensive homes
- Farr West, UT: higher priced homes
- Farmville, NC: less expensive homes
- Farmingdale, NJ: higher priced homes
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