Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Royal area can be challenging. Home prices in Royal are now at a median cost of $256,905, higher than the Missouri average of $194,908.
The average cost of rent is $985/mo in Royal, primarily driven by the current value of real estate in the Royal area. While nearly 68.53% of residents own their homes outright in Royal, 23.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Royal is $6,945 per month. Households that rent pay about 14.19% of their income on rent here. Royal's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Rosati, MO: less expensive homes
- Red Bird, MO: less expensive homes
- Safe, MO: less expensive homes
- High Gate, MO: equally priced homes
- Cuba, MO: less expensive homes
- St. James, MO: less expensive homes
- Fanning, MO: less expensive homes
- Oak Hill, MO: less expensive homes
- Cleavesville, MO: less expensive homes
- Vichy, MO: less expensive homes
Cities with Similar Populations
- Garden City, SD: less expensive homes
- Stockett, MT: equally priced homes
- Stiles Junction, WI: less expensive homes
- Steuben, WI: less expensive homes
- St. Marys Point, MN: higher priced homes
- Germantown, PA: less expensive homes
- Georgetown, CT: higher priced homes
- Gardner, VA: less expensive homes
- Gardner, TN: less expensive homes
- Stony Ridge, OH: less expensive homes
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