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Affordable
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These days, finding an affordable place to live in the Raymore area can be challenging. Home prices in Raymore are now at a median cost of $341,967, higher than the Missouri average of $246,641.
The average cost of rent is $1,623/mo in Raymore, primarily driven by the current value of real estate in the Raymore area. In Raymore, 20.90% of households rent, and 34.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raymore is $8,923 per month. Households that rent pay about 18.19% of their income on rent here. Raymore’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belton, MO: less expensive homes
- Lake Winnebago, MO: higher priced homes
- Peculiar, MO: less expensive homes
- Grandview, MO: less expensive homes
- Jaudon, MO: equally priced homes
- Loch Lloyd, MO: higher priced homes
- Greenwood, MO: equally priced homes
- Shawnee Mission, KS: higher priced homes
- Lees Summit, MO: equally priced homes
- Lake Annette, MO: less expensive homes
Cities with Similar Populations
- Dyersburg, TN: less expensive homes
- Steubenville, OH: less expensive homes
- Springfield, PA: higher priced homes
- South Plainfield, NJ: higher priced homes
- South Elgin, IL: equally priced homes
- Solon, OH: higher priced homes
- Soledad, CA: higher priced homes
- Franklin Square, NY: higher priced homes
- Franklin, OH: less expensive homes
- Fish Hawk, FL: higher priced homes
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