Similar to the surrounding areas, it is a lot less expensive compared to the entire country. It is substantially less expensive compared to the city of St. Louis.
Home prices
The median home price in Versailles is $72,500. This is roughly $1,340 (1%) higher compared to the surrounding areas.It is roughly $145,000 (66%) lower compared to the rest of the country, and it is about $66,200 (47%) lower in comparison to the city of St. Louis.
Rents
Versailles's median rent is $288 a month. It is about $316 (52%) lower compared to nearby areas.It is approximately $774 (72%) lower compared to the US as a whole, and it is approximately $540 (65%) lower in comparison to the city of St. Louis.
Nearby places
Meredosia
Meredosia is about 5 miles southeast from Versailles. Real estate prices there are pretty similar. The price of the median home in Meredosia is $69,400, which is $3,100 (4%) lower than Versailles. The rent there is substantially more expensive. Meredosia's median rent is $578 a month, which works out to $290 (50%) higher than Versailles.
Perry
Perry is about 8 miles southwest of Versailles. Its housing prices are somewhat less expensive. The cost of the median home in Perry is $60,700, which is $11,800 (19%) lower than Versailles. Rent there is significantly more expensive. In Perry the median monthly rent is $475, which is $187 (39%) higher than Versailles.
Mount Sterling
Mount Sterling is roughly 8 miles northwest of Versailles. Housing prices there are a little more expensive. The price of the median home in Mount Sterling is $85,800, which is $13,300 (15%) higher than Versailles. Rent there is significantly more expensive. In Mount Sterling the median monthly rent is $619, which comes out to $331 (53%) higher than Versailles.
Bluffs
Bluffs is roughly 10 miles southeast from Versailles. Real estate prices there are a bit less expensive. The median home in Bluffs costs $68,100, which comes out to $4,400 (6%) lower than Versailles. Rent there is significantly more expensive. Bluffs's median rent is $686 per month, which is $398 (58%) higher than Versailles.
Griggsville
Griggsville is about 12 miles south of Versailles. Its housing prices are fairly similar. The median home in Griggsville is valued at $71,800, which is very similar to Versailles. Rents there are significantly more expensive. In Griggsville the median monthly rent is $660, which works out to $372 (56%) higher than Versailles.