Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palace area can be challenging. Home prices in Palace are now at a median cost of $185,634, lower than the Missouri average of $194,908.
The average cost of rent is $1,040/mo in Palace, primarily driven by the current value of real estate in the Palace area. While nearly 50.92% of residents own their homes outright in Palace, 18.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palace is $4,466 per month. Households that rent pay about 23.28% of their income on rent here. Palace's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Plato, MO: less expensive homes
- Big Piney, MO: equally priced homes
- Roby, MO: less expensive homes
- Nebo, MO: less expensive homes
- Success, MO: less expensive homes
- Duke, MO: less expensive homes
- Blooming Rose, MO: less expensive homes
- Fort Leonard Wood, MO: less expensive homes
- Lynchburg, MO: less expensive homes
- Laquey, MO: less expensive homes
Cities with Similar Populations
- Sanford Hill, TN: less expensive homes
- Marshfield, IN: less expensive homes
- Maurine, SD: less expensive homes
- McNab, AR: less expensive homes
- Meadows, IL: equally priced homes
- Rock Creek, IL: less expensive homes
- Rutan, PA: less expensive homes
- Rutherford, AL: less expensive homes
- Sabael, NY: less expensive homes
- Sainville, TN: less expensive homes
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