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Affordable
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These days, finding an affordable place to live in the Spruce area can be challenging. Home prices in Spruce are now at a median cost of $268,500, higher than the Missouri average of $246,641.
The average cost of rent is $768/mo in Spruce, primarily driven by the current value of real estate in the Spruce area. In Spruce, 13.33% of households rent, and 58.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spruce is $7,300 per month. Households that rent pay about 10.52% of their income on rent here. Spruce’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.
Nearby Cities
- Johnstown, MO: equally priced homes
- Hudson, MO: less expensive homes
- Pleasant Gap, MO: equally priced homes
- Montrose, MO: less expensive homes
- Passaic, MO: less expensive homes
- Peru, MO: equally priced homes
- Appleton City, MO: less expensive homes
- Butler, MO: less expensive homes
- Adrian, MO: less expensive homes
- Delmar, MO: less expensive homes
Cities with Similar Populations
- Riverdale, AR: less expensive homes
- Mount Moriah, MO: less expensive homes
- Munden, KS: less expensive homes
- Nelson, KY: less expensive homes
- Nemaha, NE: less expensive homes
- Neosho Falls, KS: less expensive homes
- New Hamlin, WV: less expensive homes
- New Harrison, OH: less expensive homes
- New Santa Fe, IN: less expensive homes
- Nyman, IA: less expensive homes
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