The Most Affordable Neighborhoods in Salcedo, MO by Home Value

 

Salcedo, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Salcedo area can be challenging. Home prices in Salcedo are now at a median cost of $127,983, lower than the Missouri average of $194,908.

The average cost of rent is $836/mo in Salcedo, primarily driven by the current value of real estate in the Salcedo area. While nearly 50.09% of residents own their homes outright in Salcedo, 16.12% rent.

Housing affordability isn’t just about home prices, though. The average household income in Salcedo is $6,224 per month. Households that rent pay about 13.43% of their income on rent here. Salcedo's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.


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