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Affordable
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These days, finding an affordable place to live in the Princeton area can be challenging. Home prices in Princeton are now at a median cost of $108,470, lower than the Missouri average of $246,641.
The average cost of rent is $647/mo in Princeton, primarily driven by the current value of real estate in the Princeton area. In Princeton, 20.94% of households rent, and 54.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Princeton is $5,957 per month. Households that rent pay about 10.86% of their income on rent here. Princeton’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mill Grove, MO: less expensive homes
- Mercer, MO: less expensive homes
- Ravanna, MO: less expensive homes
- Saline, MO: less expensive homes
- Modena, MO: higher priced homes
- Cainsville, MO: less expensive homes
- Spickard, MO: equally priced homes
- Mount Moriah, MO: equally priced homes
- Lineville, IA: higher priced homes
- Harris, MO: equally priced homes
Cities with Similar Populations
- Taylor Highlands, PA: higher priced homes
- Cowen, WV: less expensive homes
- Craryville, NY: higher priced homes
- Diamond, OH: higher priced homes
- Dravosburg, PA: less expensive homes
- Kellyton, AL: equally priced homes
- Kuhn Station, IL: higher priced homes
- Lambert, MS: less expensive homes
- Lyndon, KS: higher priced homes
- Tariffville, CT: higher priced homes
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