If you’re looking to buy a home not just in Missouri, but anywhere in America, there are 3 St. Louis suburbs that are among the 10 most affordable places to buy a home. However, there’s a reason why many of those homes are cheaper than other places.
Redfin just shared an interesting list of the most affordable places to buy a home in America. I was pleasantly surprised to see that there are 3 St. Louis metro areas that made their top 10. They factored in the payment to income ratio required for home buying, the median home sale price in each town, median household income, the average monthly mortgage payment and (wait for it) the poverty rate. Here are the St. Louis metro areas that made the top 10:
1 – Bellefontaine Neighbors, MO…