Affordable
Expensive
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These days, finding an affordable place to live in the Tower Grove South area can be challenging. Home prices in Tower Grove South are now at a median cost of $252,339, lower than the St. Louis average of $271,550.
The average cost of rent is $1,076/mo in Tower Grove South, primarily driven by the current value of real estate in the Tower Grove South area. In Tower Grove South, 43.95% of households rent, and 25.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tower Grove South is $6,508 per month. Households that rent pay about 16.54% of their income on rent here. Tower Grove South’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Tower Grove East, St. Louis, MO: equally priced homes
- Shaw, St. Louis, MO: higher priced homes
- Gravois Park, St. Louis, MO: less expensive homes
- Dutchtown, St. Louis, MO: less expensive homes
- Benton Park West, St. Louis, MO: less expensive homes
- Bevo Mill, St. Louis, MO: less expensive homes
- Southwest Garden, St. Louis, MO: equally priced homes
- North Hampton, St. Louis, MO: less expensive homes
- South Hampton, St. Louis, MO: equally priced homes
- Benton Park, St. Louis, MO: higher priced homes
Neighborhoods with Similar Populations
- Jamestown, Hephzibah, GA: less expensive homes
- Colorado University, Boulder, CO: higher priced homes
- Black Forest, Colorado Springs, CO: higher priced homes
- Martin Luther King, Austin, TX: higher priced homes
- Sugerloaf, San Mateo, CA: higher priced homes
- South Semoran, Orlando, FL: less expensive homes
- Park Hills, Yonkers, NY: higher priced homes
- Old Everett, Lansing, MI: less expensive homes
- Morningside-Lenox Park, Atlanta, GA: higher priced homes
- Beechfielf-Irvington Area, Baltimore, MD: less expensive homes
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