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Affordable
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These days, finding an affordable place to live in the New Melle area can be challenging. Home prices in New Melle are now at a median cost of $510,443, higher than the Missouri average of $246,641.
The average cost of rent is $1,460/mo in New Melle, primarily driven by the current value of real estate in the New Melle area. In New Melle, 4.26% of households rent, and 35.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Melle is $12,621 per month. Households that rent pay about 11.57% of their income on rent here. New Melle’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Defiance, MO: higher priced homes
- Schluersburg, MO: less expensive homes
- Lake St. Louis, MO: less expensive homes
- Wentzville, MO: less expensive homes
- Matson, MO: equally priced homes
- Augusta, MO: less expensive homes
- Foristell, MO: less expensive homes
- Femme Osage, MO: less expensive homes
- Dardenne Prairie, MO: less expensive homes
- Flint Hill, MO: less expensive homes
Cities with Similar Populations
- Bayou Gauche, LA: less expensive homes
- Bellport, NY: higher priced homes
- Minong, WI: less expensive homes
- Addison, MI: less expensive homes
- Hyden, KY: less expensive homes
- Inyokern, CA: less expensive homes
- Kaibito, AZ: less expensive homes
- Kasota, MN: less expensive homes
- Keshena, WI: less expensive homes
- Keysville, GA: less expensive homes
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