The 20 most affordable cities in Missouri to buy a house
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Homeownership is fundamental to the American dream. It offers wealth, security, community, and countless other benefits. Yet for many Missouri residents, the dream feels increasingly out of reach—even as incomes rise and mortgage rates fall. Near-record prices have made homes hard to come by and often even harder to afford, leaving buyers and sellers stuck and younger generations priced out.
But affordable pockets still exist. In cities across the state, residents can comfortably spend around 30% of their income or less on housing, which is widely considered the affordable threshold.
To find out where these cities are, Redfin Real Estate ranked the most affordable cities in Missouri, based on their local payment to income ratios. All data is an average for the January-October 2025 period. To see the most affordable cities in the country, read this recent Redfin article.
#1. Old Jamestown, Missouri
– Payment to income ratio: 20.1%
– Median sale price: $281,408
– Median household income: $107,250
– Income needed to buy: $71,861
– Median monthly mortgage payment: $1,797
– See homes for sale in Old Jamestown on Redfin.com
#2. Florissant, Missouri
– Payment to income ratio: 21.7%
– Median sale price: $188,173
– Median household income: $66,344
– Income needed to buy: $48,052
– Median monthly mortgage payment: $1,201
– See homes for sale in Florissant on Redfin.com
#3. Crestwood, Missouri
– Payment to income ratio: 22.7%
– Median sale price: $341,682
– Median household income: $115,512
– Income needed to buy: $87,253
– Median monthly mortgage payment: $2,181
– See homes for sale in Crestwood on Redfin.com
#4. Overland, Missouri
– Payment to income ratio: 22.9%
– Median sale price: $172,960
– Median household income: $57,755
– Income needed to buy: $44,168
– Median monthly mortgage payment: $1,104
– See homes for sale in Overland on Redfin.com
#5. Lemay, Missouri
– Payment to income ratio: 23.6%
– Median sale price: $181,998
– Median household income: $59,026
– Income needed to buy: $46,476
– Median monthly mortgage payment: $1,162
– See homes for sale in Lemay on Redfin.com
#6. St. Ann, Missouri
– Payment to income ratio: 23.8%
– Median sale price: $161,746
– Median household income: $52,059
– Income needed to buy: $41,304
– Median monthly mortgage payment: $1,033
– See homes for sale in St. Ann on Redfin.com
#7. Excelsior Springs, Missouri
– Payment to income ratio: 24.6%
– Median sale price: $238,170
– Median household income: $74,056
– Income needed to buy: $60,820
– Median monthly mortgage payment: $1,520
– See homes for sale in Excelsior Springs on Redfin.com
#8. Raytown, Missouri
– Payment to income ratio: 24.8%
– Median sale price: $217,211
– Median household income: $67,227
– Income needed to buy: $55,468
– Median monthly mortgage payment: $1,387
– See homes for sale in Raytown on Redfin.com
#9. Affton, Missouri
– Payment to income ratio: 24.8%
– Median sale price: $250,632
– Median household income: $77,337
– Income needed to buy: $64,002
– Median monthly mortgage payment: $1,600
– See homes for sale in Affton on Redfin.com
#10. Wentzville, Missouri
– Payment to income ratio: 26.0%
– Median sale price: $377,487
– Median household income: $111,409
– Income needed to buy: $96,396
– Median monthly mortgage payment: $2,410
– See homes for sale in Wentzville on Redfin.com
#11. Dardenne Prairie, Missouri
– Payment to income ratio: 26.0%
– Median sale price: $527,947
– Median household income: $155,585
– Income needed to buy: $134,818
– Median monthly mortgage payment: $3,370
– See homes for sale in Dardenne Prairie on Redfin.com
#12. Maryland Heights, Missouri
– Payment to income ratio: 26.2%
– Median sale price: $295,699
– Median household income: $86,485
– Income needed to buy: $75,510
– Median monthly mortgage payment: $1,888
– See homes for sale in Maryland Heights on Redfin.com
#13. Oakville, Missouri
– Payment to income ratio: 26.8%
– Median sale price: $360,877
– Median household income: $103,125
– Income needed to buy: $92,155
– Median monthly mortgage payment: $2,304
– See homes for sale in Oakville on Redfin.com
#14. O’Fallon, Missouri
– Payment to income ratio: 27.0%
– Median sale price: $377,386
– Median household income: $107,203
– Income needed to buy: $96,370
– Median monthly mortgage payment: $2,409
– See homes for sale in O’Fallon on Redfin.com
#15. Ballwin, Missouri
– Payment to income ratio: 27.2%
– Median sale price: $430,620
– Median household income: $121,170
– Income needed to buy: $109,964
– Median monthly mortgage payment: $2,749
– See homes for sale in Ballwin on Redfin.com
#16. Hazelwood, Missouri
– Payment to income ratio: 27.3%
– Median sale price: $199,026
– Median household income: $55,930
– Income needed to buy: $50,824
– Median monthly mortgage payment: $1,271
– See homes for sale in Hazelwood on Redfin.com
#17. Union, Missouri
– Payment to income ratio: 27.5%
– Median sale price: $257,330
– Median household income: $71,760
– Income needed to buy: $65,712
– Median monthly mortgage payment: $1,643
– See homes for sale in Union on Redfin.com
#18. Raymore, Missouri
– Payment to income ratio: 27.5%
– Median sale price: $370,760
– Median household income: $103,158
– Income needed to buy: $94,678
– Median monthly mortgage payment: $2,367
– See homes for sale in Raymore on Redfin.com
#19. Arnold, Missouri
– Payment to income ratio: 27.6%
– Median sale price: $270,533
– Median household income: $75,194
– Income needed to buy: $69,084
– Median monthly mortgage payment: $1,727
– See homes for sale in Arnold on Redfin.com
#20. Lake St. Louis, Missouri
– Payment to income ratio: 28.1%
– Median sale price: $452,283
– Median household income: $123,427
– Income needed to buy: $115,496
– Median monthly mortgage payment: $2,887
– See homes for sale in Lake St. Louis on Redfin.com
This story was
produced by
Redfin Real Estate and reviewed and
distributed by Stacker.
