The Most Affordable Neighborhoods in Southeast Springfield, Springfield, MO by Home Value

 

Southeast Springfield, Springfield, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Southeast Springfield area can be challenging. Home prices in Southeast Springfield are now at a median cost of $157,134, higher than the Springfield average of $156,426.

The average cost of rent is $885/mo in Southeast Springfield, primarily driven by the current value of real estate in the Southeast Springfield area. While nearly 39.93% of residents own their homes outright in Southeast Springfield, 37.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Southeast Springfield is $4,903 per month. Households that rent pay about 18.04% of their income on rent here. Southeast Springfield's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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