The Most Affordable Neighborhoods in Selmore, MO by Home Value

 

Selmore, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Selmore area can be challenging. Home prices in Selmore are now at a median cost of $226,729, higher than the Missouri average of $194,908.

The average cost of rent is $747/mo in Selmore, primarily driven by the current value of real estate in the Selmore area. While nearly 38.90% of residents own their homes outright in Selmore, 2.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Selmore is $4,994 per month. Households that rent pay about 14.96% of their income on rent here. Selmore's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.


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