Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palermo area can be challenging. Home prices in Palermo are now at a median cost of $133,660, lower than the Kansas average of $185,150.
The average cost of rent is $1,001/mo in Palermo, primarily driven by the current value of real estate in the Palermo area. While nearly 43.64% of residents own their homes outright in Palermo, 8.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palermo is $6,398 per month. Households that rent pay about 15.65% of their income on rent here. Palermo's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Wathena, KS: equally priced homes
- Elwood, KS: less expensive homes
- Troy, KS: less expensive homes
- Doniphan, KS: equally priced homes
- Bendena, KS: higher priced homes
- Moray, KS: less expensive homes
- St. Joseph, MO: higher priced homes
- DeKalb, MO: higher priced homes
- Rushville, MO: higher priced homes
- Country Club, MO: higher priced homes
Cities with Similar Populations
- Roseland, KS: less expensive homes
- Lyndhurst, WI: equally priced homes
- Lyon, MO: higher priced homes
- Lyonsville, IN: equally priced homes
- Macdonaldton, PA: equally priced homes
- Mack Creek Village, VA: higher priced homes
- Malaga, NM: higher priced homes
- Manasota Key, FL: higher priced homes
- Mandale, OH: less expensive homes
- Ringgold, PA: equally priced homes
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