The Most Affordable Neighborhoods in New Point, MO by Home Value

 

New Point, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Point area can be challenging. Home prices in New Point are now at a median cost of $114,764, lower than the Missouri average of $194,908.

The average cost of rent is $464/mo in New Point, primarily driven by the current value of real estate in the New Point area. While nearly 63.42% of residents own their homes outright in New Point, 19.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Point is $4,298 per month. Households that rent pay about 10.80% of their income on rent here. New Point's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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