Cape Girardeau
Missouri · Ranked #68 of 373 metros
88Affordable
💡
Housing in Cape Girardeau costs 3.24× the median income, below the national average of 4.5×. The median home price is $216K and median rent is $865/month. Cape Girardeau ranks #68 of 373 metros for affordability.
Median Home Price
🏠$216K
Need $64K income
Median Rent
🔑$865
Need $35K income
Building Permits
🔨83
annual
Median Income
💰$66K
Pop: 99,897
Rent Burden
⚠️19.9%
of renters paying >30%
Homeownership
🏡67.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Cape Girardeau | National |
|---|---|---|
| Price-to-Income Ratio | 3.24x | 6.1x |
| Rent Burden | 19.9% | 31.5% |
| Homeownership Rate | 67.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +50.7%Since 2000: +128.8%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$763/mo
1 Bedroom$807/mo
2 Bedroom$992/mo
3 Bedroom$1,380/mo
4 Bedroom$1,664/mo
Zillow Market Data
Home Value (ZHVI)
$225K
1yr: +3.8%5yr: +30.8%
Rent (ZORI)
$1,012/mo
1yr: +3.0%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$274K
Active Inventory
203
Days on Market
64
Sold Above List
15.2%
Price Drops
17.7%