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These days, finding an affordable place to live in the Stanhope area can be challenging. Home prices in Stanhope are now at a median cost of $186,200, lower than the Missouri average of $246,641.
The average cost of rent is $545/mo in Stanhope, primarily driven by the current value of real estate in the Stanhope area. In Stanhope, 25.82% of households rent, and 60.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stanhope is $5,304 per month. Households that rent pay about 10.28% of their income on rent here. Stanhope’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Miami, MO: equally priced homes
- Malta Bend, MO: equally priced homes
- Marshall, MO: less expensive homes
- Orearville, MO: higher priced homes
- Sharon, MO: equally priced homes
- Mount Leonard, MO: less expensive homes
- Slater, MO: less expensive homes
- Grand Pass, MO: equally priced homes
- Wakenda, MO: less expensive homes
- Napton, MO: equally priced homes
Cities with Similar Populations
- Selbysport, MD: equally priced homes
- Abie, NE: equally priced homes
- Max, NE: less expensive homes
- Mayfield, OK: less expensive homes
- Maysville, IA: higher priced homes
- McAlister, NM: less expensive homes
- McBride, MI: less expensive homes
- McConnell, TN: equally priced homes
- San Pablo, CO: less expensive homes
- Santa Rosa, MO: equally priced homes
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