The Most Affordable Neighborhoods in Rocky Mount, MO by Home Value

 

Rocky Mount, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rocky Mount area can be challenging. Home prices in Rocky Mount are now at a median cost of $314,791, higher than the Missouri average of $246,641.

The average cost of rent is $991/mo in Rocky Mount, primarily driven by the current value of real estate in the Rocky Mount area. In Rocky Mount, 17.62% of households rent, and 52.68% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Rocky Mount is $6,293 per month. Households that rent pay about 15.75% of their income on rent here. Rocky Mount’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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