Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Old Merritt area can be challenging. Home prices in Old Merritt are now at a median cost of $128,211, lower than the Missouri average of $194,908.
The average cost of rent is $1,038/mo in Old Merritt, primarily driven by the current value of real estate in the Old Merritt area. While nearly 61.42% of residents own their homes outright in Old Merritt, 17.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Old Merritt is $3,516 per month. Households that rent pay about 29.53% of their income on rent here. Old Merritt's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Merritt, MO: less expensive homes
- Goodhope, MO: less expensive homes
- Rome, MO: equally priced homes
- Bruner, MO: higher priced homes
- Oldfield, MO: higher priced homes
- Chadwick, MO: higher priced homes
- Garrison, MO: higher priced homes
- Smallett, MO: less expensive homes
- Ongo, MO: higher priced homes
- Olga, MO: higher priced homes
Cities with Similar Populations
- Oxbow, OR: higher priced homes
- Penokee, KS: less expensive homes
- Penermon, MO: less expensive homes
- Pearl Beach, MI: higher priced homes
- Peanut, PA: equally priced homes
- Paw Paw, OK: less expensive homes
- Patty, TN: higher priced homes
- Patterson, MS: less expensive homes
- Parchment Valley, WV: higher priced homes
- Palm Grove, IA: equally priced homes
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