The Most Affordable Neighborhoods in Paris, MO by Home Value

These days, finding an affordable place to live in the Paris area can be challenging. Home prices in Paris are now at a median cost of $142,095, lower than the Missouri average of $246,641.

The average cost of rent is $698/mo in Paris, primarily driven by the current value of real estate in the Paris area. In Paris, 22.35% of households rent, and 63.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Paris is $4,636 per month. Households that rent pay about 15.06% of their income on rent here. Paris’s most expensive areas are in the southwestern 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.

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