The Most Affordable Neighborhoods in West Ely, MO by Home Value

 

West Ely, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West Ely area can be challenging. Home prices in West Ely are now at a median cost of $209,000, higher than the Missouri average of $194,908.

The average cost of rent is $720/mo in West Ely, primarily driven by the current value of real estate in the West Ely area. While nearly 58.51% of residents own their homes outright in West Ely, 22.45% rent.

Housing affordability isn’t just about home prices, though. The average household income in West Ely is $6,515 per month. Households that rent pay about 11.05% of their income on rent here. West Ely's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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