Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmyra area can be challenging. Home prices in Palmyra are now at a median cost of $146,312, lower than the Missouri average of $194,908.
The average cost of rent is $695/mo in Palmyra, primarily driven by the current value of real estate in the Palmyra area. While nearly 50.57% of residents own their homes outright in Palmyra, 24.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmyra is $5,401 per month. Households that rent pay about 12.86% of their income on rent here. Palmyra's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Woodland, MO: higher priced homes
- West Ely, MO: higher priced homes
- Withers Mill, MO: higher priced homes
- Taylor, MO: higher priced homes
- Rensselaer, MO: higher priced homes
- West Quincy, MO: higher priced homes
- Hannibal, MO: equally priced homes
- Maywood, MO: less expensive homes
- Philadelphia, MO: less expensive homes
- Ralls, MO: higher priced homes
Cities with Similar Populations
- Windom, MN: equally priced homes
- Higginsville, MO: equally priced homes
- Wilmer, TX: less expensive homes
- Hidden Valley Lake, CA: higher priced homes
- Wind Gap, PA: higher priced homes
- Herculaneum, MO: higher priced homes
- Windcrest, TX: higher priced homes
- Henniker, NH: higher priced homes
- Hendron, KY: higher priced homes
- Highwood, IL: higher priced homes
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