According to the Zillow Home Value Index, Missouri offers some of the most affordable neighborhood options in the country, with a surprising range of home values even among its 25 least expensive areas. You’ll find these budget-friendly communities clustered primarily in two major metro areas – 18 in St. Louis and 7 in Kansas City – with average home values at just $53,728 as of February 2025.
You might be shocked to discover the dramatic price fluctuations some neighborhoods have experienced, with Palestine East in Kansas City showing an astounding 645.67% increase since 2010, while Kingsway East in St. Louis actually declined by 38.62% during the same period. The average growth rate since 2020 alone stands at 54.32%, indicating how rapidly these markets are evolving despite their affordability.
When exploring these neighborhoods, you’ll notice stark differences between St. Louis and Kansas City markets – St. Louis dominates the very bottom of the price spectrum with all of the top 16 least expensive areas, while Kansas City neighborhoods, despite their affordability, show significantly stronger growth trajectories, presenting potential opportunities for value appreciation that savvy investors might want to consider.
25. Palestine East
- 2025 Home Value: $78,131.20
- 2020 Home Value: $29,310.71
- 2015 Home Value: $16,259.64
- 2010 Home Value: $10,477.98
- Change from 2020 to 2025: 166.56%
- Change from 2015 to 2025: 380.52%
- Change from 2010 to 2025: 645.67%
Situated in eastern Kansas City in Jackson County, Palestine East tops our countdown with an average home value of $78,131 in February 2025. You’ll be astounded by this neighborhood’s extraordinary growth story – with staggering increases of 166.56% since 2020, 380.52% since 2015, and a truly remarkable 645.67% since 2010, making it the absolute strongest performer in our entire analysis. Starting from the lowest base value in the dataset at just $10,477 in 2010, the area has undergone a completely transformative market renaissance. Despite this meteoric rise, Palestine East still qualifies among Missouri’s 25 most affordable neighborhoods, highlighting the extreme value proposition it represented a decade ago.
24. Leeds
- 2025 Home Value: $77,770.87
- 2020 Home Value: N/A
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: N/A
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Nestled in eastern Kansas City in Jackson County, Leeds ranks 24th on our list with an average home value of $77,770 as of February 2025. You’ll note this neighborhood is unique in our analysis as historical data isn’t available for comparison years, suggesting it may be a relatively newly designated or tracked area. Its position on this list indicates it maintains relative affordability while potentially benefiting from the same eastward development momentum seen in other Kansas City neighborhoods analyzed here.
23. North Blue Ridge
- 2025 Home Value: $75,571.42
- 2020 Home Value: $38,052.76
- 2015 Home Value: $19,300.57
- 2010 Home Value: $13,465.22
- Change from 2020 to 2025: 98.60%
- Change from 2015 to 2025: 291.55%
- Change from 2010 to 2025: 461.23%
Located in eastern Kansas City in Jackson County, North Blue Ridge comes in at number 23 with an average home value of $75,571 in February 2025. You’ll be astounded by this neighborhood’s explosive growth – with increases of 98.60% since 2020, 291.55% since 2015, and an extraordinary 461.23% since 2010, making it one of the strongest performing areas in this entire analysis. From an incredibly low base value of just $13,465 in 2010, the area has experienced transformative appreciation while still remaining relatively affordable by Kansas City standards.
22. North Point
- 2025 Home Value: $73,914.63
- 2020 Home Value: $54,008.59
- 2015 Home Value: $47,624.42
- 2010 Home Value: $82,847.15
- Change from 2020 to 2025: 36.86%
- Change from 2015 to 2025: 55.20%
- Change from 2010 to 2025: -10.78%
Positioned in Saint Louis City, North Point ranks 22nd with an average home value of $73,914 as of February 2025. You’ll find this neighborhood’s price history tells a compelling story – despite solid recent growth of 36.86% since 2020 and 55.20% since 2015, it remains 10.78% below its 2010 levels. This suggests the area experienced significant impact from the housing crisis, bottomed out around 2015, and has been steadily recovering since.
21. Lewis Place
- 2025 Home Value: $73,825.65
- 2020 Home Value: $53,613.70
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 37.70%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Located in central Saint Louis City, Lewis Place ranks 21st with an average home value of $73,825 in February 2025. You’ll notice this historically significant area has experienced solid growth of 37.70% since 2020. Though data before 2020 isn’t available, Lewis Place’s appreciation rate suggests growing recognition of its historical significance and architectural merit despite its relative affordability.
20. Sheffield
- 2025 Home Value: $71,563.71
- 2020 Home Value: $36,633.64
- 2015 Home Value: $17,476.81
- 2010 Home Value: $16,069.39
- Change from 2020 to 2025: 95.35%
- Change from 2015 to 2025: 309.48%
- Change from 2010 to 2025: 345.34%
Situated in northeastern Kansas City in Jackson County, Sheffield lands at position 20 with an average home value of $71,563 as of February 2025. You’ll be impressed by this neighborhood’s remarkable growth story – with increases of 95.35% since 2020, 309.48% since 2015, and an extraordinary 345.34% since 2010. Starting from an extremely low base of just $16,069 in 2010, Sheffield exemplifies the dramatic transformation possible in undervalued urban neighborhoods.
19. East Community Team South
- 2025 Home Value: $70,838.79
- 2020 Home Value: $28,467.56
- 2015 Home Value: $15,919.81
- 2010 Home Value: $25,825.20
- Change from 2020 to 2025: 148.84%
- Change from 2015 to 2025: 344.97%
- Change from 2010 to 2025: 174.30%
Adjacent to its northern counterpart in eastern Kansas City, East Community Team South ranks 19th with an average home value of $70,838 in February 2025. You’ll marvel at this neighborhood’s phenomenal growth rates – 148.84% since 2020, an astonishing 344.97% since 2015, and 174.30% since 2010. The area shows an interesting U-shaped recovery pattern, with values dropping from 2010 to a bottom around 2015, followed by explosive growth thereafter.
18. East Community Team North
- 2025 Home Value: $69,148.77
- 2020 Home Value: $31,265.91
- 2015 Home Value: $18,386.93
- 2010 Home Value: $16,683.36
- Change from 2020 to 2025: 121.16%
- Change from 2015 to 2025: 276.08%
- Change from 2010 to 2025: 314.48%
Situated in eastern Kansas City in Jackson County, East Community Team North comes in at number 18 with an average home value of $69,148 as of February 2025. You’ll be astounded by this neighborhood’s extraordinary growth trajectory – with increases of 121.16% since 2020, 276.08% since 2015, and a remarkable 314.48% since 2010. These figures represent some of the most dramatic appreciation rates in the entire analysis. Starting from an extremely low base value of just $16,683 in 2010, the neighborhood has seen transformative changes, potentially offering early investors exceptional returns while still remaining affordable compared to many other Kansas City communities.
17. Northest Industrial District
- 2025 Home Value: $68,688.54
- 2020 Home Value: $40,652.16
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 68.97%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Northeast Industrial District ranks 17th with an average home value of $68,688 in February 2025. You’ll be impressed by its substantial growth rate of 68.97% since 2020 – significantly outpacing most St. Louis neighborhoods in this analysis. While pre-2020 data isn’t available, the district’s dramatic five-year appreciation suggests significant market momentum, potentially driven by Kansas City’s overall economic growth and the relative value proposition of these homes compared to rapidly appreciating areas elsewhere in the metro.
16. JeffVanderLou
- 2025 Home Value: $66,852.23
- 2020 Home Value: $53,793.41
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 24.28%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Positioned near central Saint Louis City, JeffVanderLou ranks 16th with an average home value of $66,852 as of February 2025. You’ll observe this neighborhood has shown moderate growth of 24.28% since 2020, placing it in the middle range of appreciating areas on this list. Though historical data before 2020 isn’t available, JeffVanderLou’s steady five-year appreciation suggests ongoing improvements and potential for continued value growth, possibly making it worth consideration for buyers seeking affordability with proximity to central St. Louis amenities.
15. Academy
- 2025 Home Value: $63,959.04
- 2020 Home Value: $52,721.79
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 21.31%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Located in northwest Saint Louis City, Academy holds the 15th position with an average home value of $63,959 in February 2025. You’ll find this area has experienced moderate growth of 21.31% since 2020, below the average for neighborhoods in this analysis. Named for its proximity to historical educational institutions, Academy features a mix of housing styles with somewhat better overall conditions than many lower-priced areas. While pre-2020 data isn’t available, the neighborhood’s more modest appreciation rate may indicate a mature market with less speculative investment than rapidly appreciating areas, potentially offering stability and predictability for homebuyers.
14. Baden
- 2025 Home Value: $48,638.51
- 2020 Home Value: $30,403.13
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 59.98%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Anchoring the northern tip of Saint Louis City, Baden comes in at number 14 with an average home value of $48,638 as of February 2025. You’ll be impressed by its robust growth rate of 59.98% since 2020 – among the highest increases for St. Louis neighborhoods on this list. The area features distinctive architecture including some German-influenced designs reflecting its historical development, offering character despite the affordable price point. Though data before 2020 isn’t available, Baden’s strong five-year appreciation suggests significant positive market momentum, potentially indicating revitalization efforts and growing interest in this northernmost St. Louis neighborhood.
13. Kingsway East
- 2025 Home Value: $47,805.87
- 2020 Home Value: $30,219.45
- 2015 Home Value: $25,007.38
- 2010 Home Value: $77,889.15
- Change from 2020 to 2025: 58.20%
- Change from 2015 to 2025: 91.17%
- Change from 2010 to 2025: -38.62%
Situated in north Saint Louis City, Kingsway East ranks 13th with an average home value of $47,805 in February 2025. You’ll be fascinated by this neighborhood’s volatile price trajectory – despite strong recent growth of 58.20% since 2020 and 91.17% since 2015, it actually shows a 38.62% decrease from 2010 levels. This unique pattern suggests the area experienced significant market corrections following the housing crisis, bottomed out around 2015, and has been steadily recovering since.
12. Mark Twain-I-70 Industrial
- 2025 Home Value: $45,822.25
- 2020 Home Value: $35,116.37
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 30.49%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Straddling major transportation corridors in north Saint Louis City, Mark Twain-I-70 Industrial holds the 12th position with an average home value of $45,822 as of February 2025. You’ll note this mixed-use neighborhood has shown healthy growth of 30.49% since 2020, slightly above the median for St. Louis areas on this list. Though pre-2020 data isn’t available, the area’s solid five-year appreciation suggests increasing recognition of its practical location advantages.
11. Kingsway West
- 2025 Home Value: $40,712.71
- 2020 Home Value: $33,026.99
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 23.27%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Located in northwest Saint Louis City, Kingsway West ranks 11th with an average home value of $40,712 in February 2025. You’ll find this neighborhood has experienced moderate growth of 23.27% since 2020, just below the average for neighborhoods in this price range. The area features primarily mid-century homes on relatively spacious lots compared to more densely developed parts of the city. Though historical data before 2020 isn’t available, Kingsway West’s steady but not spectacular appreciation suggests a stable market with controlled growth.
10. Penrose
- 2025 Home Value: $40,447.91
- 2020 Home Value: $28,578.21
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 41.53%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Positioned in north Saint Louis City, Penrose comes in at number 10 with an average home value of $40,447 as of February 2025. You’ll appreciate that this neighborhood has shown strong growth with a 41.53% increase since 2020, indicating significant market momentum. While pre-2020 data isn’t available, Penrose’s substantial five-year appreciation suggests improving market conditions and growing interest, potentially making it an attractive option for budget-conscious buyers.
9. Hyde Park
- 2025 Home Value: $40,281.58
- 2020 Home Value: $36,279.29
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 11.03%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Nestled along the Mississippi River in north Saint Louis City, Hyde Park ranks 9th with an average home value of $40,281 in February 2025. You’ll find this historic neighborhood has seen modest growth of 11.03% since 2020 – among the lowest rates for St. Louis areas on this list. The neighborhood is named after its centerpiece park and features some impressive historic architecture and riverfront proximity despite its affordable price point. Though pre-2020 data isn’t available, Hyde Park’s more conservative growth rate may indicate a stable market without the speculative investment seen in faster-appreciating neighborhoods.
8. Walnut Park West
- 2025 Home Value: $40,257.10
- 2020 Home Value: $23,074.52
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 74.47%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Adjacent to its eastern counterpart, Walnut Park West holds the 8th position with an average home value of $40,257 as of February 2025. You’ll be struck by its remarkable growth rate of 74.47% since 2020 – one of the highest increases among St. Louis neighborhoods on this list. The area features primarily mid-century housing on tree-lined streets, offering surprisingly good value given the rapid appreciation. While historical data before 2020 isn’t available, Walnut Park West’s dramatic five-year growth suggests significant positive changes and potentially continued upward momentum.
7. The Greater Ville
- 2025 Home Value: $39,481.54
- 2020 Home Value: $30,094.74
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 31.19%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Located in north-central Saint Louis City, The Greater Ville ranks 7th with an average home value of $39,481 in February 2025. You’ll note this historically significant area has experienced healthy growth of 31.19% since 2020. The neighborhood has deep cultural roots in St. Louis’s African American history and features distinctive architectural elements despite its affordable price point. Though data before 2020 isn’t available, The Greater Ville’s appreciation rate exceeds the average for similarly priced St. Louis neighborhoods.
6. O’Fallon
- 2025 Home Value: $39,362.50
- 2020 Home Value: $26,767.30
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 47.05%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Situated in north Saint Louis City (not to be confused with the suburban O’Fallon, Missouri), this O’Fallon neighborhood comes in at number 6 with an average home value of $39,362 as of February 2025. You’ll be impressed by its robust growth rate of 47.05% since 2020, one of the stronger performances among St. Louis neighborhoods in this price range. While historical data before 2020 isn’t available, the neighborhood’s significant five-year appreciation suggests improving conditions and increasing market interest.
5. Mark Twain
- 2025 Home Value: $36,627.55
- 2020 Home Value: $32,218.08
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 13.69%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Tucked into the northern part of Saint Louis City, the Mark Twain neighborhood ranks 5th with an average home value of $36,627 in February 2025. You’ll observe this area has shown moderate growth with a 13.69% increase since 2020, which is lower than many other neighborhoods on this list. Though historical trends before 2020 aren’t available, Mark Twain’s more modest appreciation rate suggests a stable market without the dramatic swings seen in other affordable areas, potentially offering predictability for buyers seeking a budget-conscious entry into St. Louis real estate.
4. Hamilton Heights
- 2025 Home Value: $36,611.77
- 2020 Home Value: $28,694.71
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 27.59%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Positioned in northwestern Saint Louis City, Hamilton Heights holds the 4th position with an average home value of $36,611 as of February 2025. You’ll discover this neighborhood has experienced solid growth over the past five years, with property values increasing by 27.59% since 2020. Though historical data before 2020 isn’t available, Hamilton Heights shows a stronger growth trajectory than some of its similarly priced neighbors, potentially indicating improved market perception and development interest in this budget-friendly St. Louis community.
3. Fairground Neighborhood
- 2025 Home Value: $33,897.80
- 2020 Home Value: $27,531.80
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 23.12%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Situated in Saint Louis City near the historic fairgrounds, the aptly named Fairground Neighborhood ranks 3rd with an average home value of $33,897 in February 2025. You’ll appreciate that this community has shown healthy growth, with property values increasing by 23.12% since 2020. While historical data prior to 2020 isn’t available, the area demonstrates moderate but steady appreciation, positioning it as a potentially attractive option for first-time homebuyers seeking value with some growth potential in the St. Louis metropolitan area.
2. Wells-Goodfellow
- 2025 Home Value: $32,355.10
- 2020 Home Value: $32,387.47
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: -0.10%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Located in the northwest section of Saint Louis City, Wells-Goodfellow holds the 2nd position with an average home value of $32,355 as of February 2025. You’ll notice this neighborhood has maintained virtually stable prices over the past five years, with a slight decrease of just 0.10% since 2020 – making it one of the few areas on this list that hasn’t seen significant appreciation. While lacking the growth trajectory of other neighborhoods, Wells-Goodfellow provides consistent affordability in the St. Louis market, potentially appealing to budget-conscious homebuyers looking for stable entry-level options without the price volatility seen elsewhere.
1. Walnut Park East
- 2025 Home Value: $30,633.15
- 2020 Home Value: $21,503.74
- 2015 Home Value: N/A
- 2010 Home Value: N/A
- Change from 2020 to 2025: 42.45%
- Change from 2015 to 2025: N/A
- Change from 2010 to 2025: N/A
Nestled in Saint Louis City County within the broader St. Louis metropolitan area, Walnut Park East tops our countdown at number 1 as Missouri’s most affordable neighborhood with an average home value of just $30,633 in February 2025. You’ll find this area has experienced significant growth over the last five years, with property values increasing by 42.45% since 2020. Though historical data before 2020 isn’t available, the neighborhood has shown remarkable resilience and growth potential, outpacing many similarly priced areas in the region and potentially offering entry-level investment opportunities in the St. Louis market.
