The Most Affordable Neighborhoods in Spring Garden, MO by Home Value

These days, finding an affordable place to live in the Spring Garden area can be challenging. Home prices in Spring Garden are now at a median cost of $110,500, lower than the Missouri average of $246,641.

The average cost of rent is $673/mo in Spring Garden, primarily driven by the current value of real estate in the Spring Garden area. In Spring Garden, 13.79% of households rent, and 42.22% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spring Garden is $4,702 per month. Households that rent pay about 14.31% of their income on rent here. Spring Garden’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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