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Affordable
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These days, finding an affordable place to live in the Olney area can be challenging. Home prices in Olney are now at a median cost of $168,738, lower than the Missouri average of $246,641.
The average cost of rent is $909/mo in Olney, primarily driven by the current value of real estate in the Olney area. In Olney, 32.92% of households rent, and 59.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olney is $6,531 per month. Households that rent pay about 13.92% of their income on rent here. Olney’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gamma, MO: equally priced homes
- Marling, MO: higher priced homes
- Truxton, MO: higher priced homes
- Millwood, MO: higher priced homes
- Bellflower, MO: less expensive homes
- New Hartford, MO: higher priced homes
- Silex, MO: higher priced homes
- Louisville, MO: higher priced homes
- Middletown, MO: higher priced homes
- Hawk Point, MO: higher priced homes
Cities with Similar Populations
- Munson, MI: less expensive homes
- Monument, OR: higher priced homes
- Moonville, IN: higher priced homes
- Moores Junction, OH: less expensive homes
- Moose Pass, AK: higher priced homes
- Morehouseville, NY: higher priced homes
- Moreland, NY: less expensive homes
- Morgan Springs, TN: higher priced homes
- Morgandale, OH: equally priced homes
- Morningdale, MA: higher priced homes
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