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

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 $122,439, lower than the Missouri average of $246,641.

The average cost of rent is $586/mo in New Point, primarily driven by the current value of real estate in the New Point area. In New Point, 25.04% of households rent, and 67.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Point is $4,568 per month. Households that rent pay about 12.83% of their income on rent here. New Point’s most expensive areas are in the northeastern 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.

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