The Most Affordable Neighborhoods in Reeds Spring, MO by Home Value

 

Reeds Spring, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Reeds Spring area can be challenging. Home prices in Reeds Spring are now at a median cost of $182,139, lower than the Missouri average of $194,908.

The average cost of rent is $1,216/mo in Reeds Spring, primarily driven by the current value of real estate in the Reeds Spring area. While nearly 39.80% of residents own their homes outright in Reeds Spring, 20.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Reeds Spring is $4,369 per month. Households that rent pay about 27.84% of their income on rent here. Reeds Spring's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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