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Affordable
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These days, finding an affordable place to live in the Shrewsbury area can be challenging. Home prices in Shrewsbury are now at a median cost of $266,054, higher than the Missouri average of $246,641.
The average cost of rent is $1,155/mo in Shrewsbury, primarily driven by the current value of real estate in the Shrewsbury area. In Shrewsbury, 35.24% of households rent, and 40.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shrewsbury is $7,836 per month. Households that rent pay about 14.74% of their income on rent here. Shrewsbury’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Webster Groves, MO: higher priced homes
- Marlborough, MO: less expensive homes
- Maplewood, MO: less expensive homes
- Grantwood Village, MO: higher priced homes
- Affton, MO: less expensive homes
- Wilbur Park, MO: less expensive homes
- Rock Hill, MO: equally priced homes
- Brentwood, MO: higher priced homes
- Glendale, MO: higher priced homes
- Richmond Heights, MO: higher priced homes
Cities with Similar Populations
- Sophia, NC: less expensive homes
- Simsbury Center, CT: higher priced homes
- Simsbury, CT: higher priced homes
- Skaneateles, NY: higher priced homes
- Sloughhouse, CA: higher priced homes
- Smiths Grove, KY: less expensive homes
- Smiths Station, AL: less expensive homes
- Snow Camp, NC: less expensive homes
- Snyderville, UT: higher priced homes
- Solon, IA: higher priced homes
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