Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rensselaer area can be challenging. Home prices in Rensselaer are now at a median cost of $168,912, lower than the Missouri average of $194,908.
The average cost of rent is $714/mo in Rensselaer, primarily driven by the current value of real estate in the Rensselaer area. While nearly 55.59% of residents own their homes outright in Rensselaer, 19.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rensselaer is $5,903 per month. Households that rent pay about 12.10% of their income on rent here. Rensselaer's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Withers Mill, MO: equally priced homes
- West Ely, MO: higher priced homes
- Spalding, MO: less expensive homes
- Ralls, MO: equally priced homes
- Woodland, MO: higher priced homes
- Hassard, MO: equally priced homes
- Hannibal, MO: less expensive homes
- Palmyra, MO: less expensive homes
- Oakwood, MO: less expensive homes
- New London, MO: less expensive homes
Cities with Similar Populations
- Maxeys, GA: less expensive homes
- Mansfield, NC: higher priced homes
- Maples, IN: less expensive homes
- Marilee, TX: higher priced homes
- Adamsville, TX: higher priced homes
- Marston, MO: less expensive homes
- Martinsville, MS: less expensive homes
- Marvels Crossroads, DE: higher priced homes
- Mattoon, KY: less expensive homes
- Mangohick, VA: higher priced homes
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