The Most Affordable Neighborhoods in Wappapello, MO by Home Value

These days, finding an affordable place to live in the Wappapello area can be challenging. Home prices in Wappapello are now at a median cost of $113,997, lower than the Missouri average of $246,641.

The average cost of rent is $713/mo in Wappapello, primarily driven by the current value of real estate in the Wappapello area. In Wappapello, 18.43% of households rent, and 70.78% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wappapello is $5,045 per month. Households that rent pay about 14.13% of their income on rent here. Wappapello’s most expensive areas are in the southwestern 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.

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