Home prices
Royal Lakes's median home price is $60,000. Compared to its surrounding areas it is approximately $21,240 (26%) lower.It is approximately $157,500 (72%) lower in comparison to the rest of the nation, and in comparison to the city of St. Louis it is roughly $78,700 (56%) lower.
Rents
In Royal Lakes the median monthly rent is $581. Compared to nearby areas this is approximately $112 (16%) lower.It is approximately $481 (45%) lower compared to the nation as a whole, and compared to the city of St. Louis is roughly $247 (29%) lower.
Nearby places
Shipman
Shipman is about 3 miles west of Royal Lakes. Its real estate prices are a lot more expensive. The median home in Shipman costs $92,900, which is $32,900 (35%) higher than Royal Lakes. Its rents are a little more expensive. In Shipman the median rent is $770 per month, which is $189 (24%) higher than Royal Lakes.
Bunker Hill
Bunker Hill is roughly 4 miles south from Royal Lakes. Real estate prices there are a lot more expensive. The median home in Bunker Hill is valued at $95,100, which is $35,100 (36%) higher than Royal Lakes. The rent there is a little more expensive. The median rent in Bunker Hill is $679 per month, which comes out to $98 (14%) higher than Royal Lakes.
Wilsonville
Wilsonville is approximately 5 miles southeast of Royal Lakes. Its real estate prices are somewhat less expensive. Wilsonville's median home value is $56,300, which comes out to $3,700 (6%) lower than Royal Lakes. The rent there is somewhat more expensive. Wilsonville's median rent is $763 a month, which works out to $182 (23%) higher than Royal Lakes.
Mount Clare
Mount Clare is approximately 6 miles east of Royal Lakes. Its real estate prices are a bit more expensive. Mount Clare's median home value is $79,000, which is $19,000 (24%) higher than Royal Lakes. Rent there is similar. The median rent in Mount Clare is $600 a month, which comes out to $19 (3%) higher than Royal Lakes.
Gillespie
Gillespie is roughly 6 miles east from Royal Lakes. Real estate prices there are somewhat more expensive. Gillespie's median home price is $82,900, which works out to $22,900 (27%) higher than Royal Lakes. Rent there is a little more expensive. In Gillespie the median rent is $651 a month, which comes out to $70 (10%) higher than Royal Lakes.