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Affordable
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These days, finding an affordable place to live in the Shady Grove area can be challenging. Home prices in Shady Grove are now at a median cost of $240,939, lower than the Missouri average of $246,641.
The average cost of rent is $1,100/mo in Shady Grove, primarily driven by the current value of real estate in the Shady Grove area. In Shady Grove, 21.68% of households rent, and 32.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shady Grove is $7,586 per month. Households that rent pay about 14.50% of their income on rent here. Shady Grove’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Adell, WI: higher priced homes
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