The Most Affordable Neighborhoods in Winchester, MO by Home Value

 

Winchester, MO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Winchester area can be challenging. Home prices in Winchester are now at a median cost of $175,738, lower than the Missouri average of $194,908.

The average cost of rent is $1,125/mo in Winchester, primarily driven by the current value of real estate in the Winchester area. While nearly 28.15% of residents own their homes outright in Winchester, 17.05% rent.

Housing affordability isn’t just about home prices, though. The average household income in Winchester is $6,102 per month. Households that rent pay about 18.44% of their income on rent here. Winchester's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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