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These days, finding an affordable place to live in the Passaic area can be challenging. Home prices in Passaic are now at a median cost of $222,972, lower than the Missouri average of $246,641.
The average cost of rent is $756/mo in Passaic, primarily driven by the current value of real estate in the Passaic area. In Passaic, 11.31% of households rent, and 50.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Passaic is $6,482 per month. Households that rent pay about 11.67% of their income on rent here. Passaic’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Butler, MO: less expensive homes
- Peru, MO: higher priced homes
- Nyhart, MO: equally priced homes
- Adrian, MO: equally priced homes
- Virginia, MO: equally priced homes
- Spruce, MO: higher priced homes
- Pleasant Gap, MO: higher priced homes
- Mulberry, MO: equally priced homes
- Johnstown, MO: higher priced homes
- Foster, MO: less expensive homes
Cities with Similar Populations
- White Creek, WI: less expensive homes
- Glenfield, NC: less expensive homes
- Glynn, LA: equally priced homes
- Golinda, TX: equally priced homes
- Goodridge, MN: equally priced homes
- Goshen, TN: less expensive homes
- Gray Hawk, KY: less expensive homes
- Green Springs, VA: higher priced homes
- Gypsum, NY: less expensive homes
- Winstead Crossroads, NC: equally priced homes
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