The Most Affordable Neighborhoods in Spruce, MO by Home Value

 

Spruce, MO Map of Most Affordable Neighborhoods
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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 $174,300, lower than the Missouri average of $194,908.

The average cost of rent is $742/mo in Spruce, primarily driven by the current value of real estate in the Spruce area. While nearly 46.45% of residents own their homes outright in Spruce, 11.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in Spruce is $6,389 per month. Households that rent pay about 11.61% of their income on rent here. Spruce's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.


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