Photo: Paul Sableman · CC BY 2.0Homes in Hanley Hills cost about a year of local pay, but renters are stretched more than prices suggest
More affordable than 69% of U.S. towns. Up 0.9% in a year, 69% below the Missouri typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the St. Louis, MO-IL metro area ($80K). How TownRatings grades cost of living
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
In dollars, Hanley Hills is one of the least expensive places in Missouri. But the grade compares costs with what households in the area earn, and St. Louis-area incomes are lower too ($80K, against $74K for the typical U.S. town). Property tax takes 1.99% of a home’s value a year (Missouri: 0.85%), and 47% of renters pay 30% or more of income for housing.
In dollars
- $83Ktypical home, 69% below the Missouri typical homeZillow, September 2026
- $1,180a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 95prices across the St. Louis metro, where the U.S. is 100 (housing 79)BEA Regional Price Parities, 2024
In paychecks the grade
- 0.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$80K, St. Louis-area income
- 18%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 47%of renters pay 30%+ of income for housing; across Missouri: 46%Census 2020–24
- 30%of owners do; the typical U.S. town: 20%Census 2020–24
The short version on homes in Hanley Hills
Low tax bills, but a high tax rate
The median tax bill is $1,458, under the Missouri median of $1,948, because homes cost less. As a share of value, though, it’s 1.99% a year, against 0.85% statewide. On the typical home, that’s about $140 a month. Property taxes ↓
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical Hanley Hills home runs about $570 a month with tax and insurance. A two-bedroom rents for about $1,180. Can I afford it? ↓
Values rose faster than Missouri’s over five years
The typical Hanley Hills home is up 48% in five years, against 26% across Missouri. Since October 2016 it has nearly tripled, from $28K to $83K. Price trend ↓
An older housing stock
Half of Hanley Hills’ homes were built before 1954, against 1978 for Missouri as a whole. Older homes can mean character, and also bigger heating and repair bills, so an inspection matters. Property taxes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Hanley Hills’ grade
Measured against what households in the area earn, Hanley Hills is more affordable than 69% of U.S. towns. The share of households paying 30%+ for housing pulls the grade down most; home prices hold it up.
Values have outpaced Missouri: the typical Hanley Hills home is up 47.9% in five years, against 26.3% statewide (Zillow).
Up 47.9% in five years
Faster than Missouri (26.3%).
Show as a table
| January | Hanley Hills | Missouri |
|---|---|---|
| 2017 | $32,000 | $147,000 |
| 2018 | $35,000 | $155,000 |
| 2019 | $39,000 | $163,000 |
| 2020 | $40,000 | $171,000 |
| 2021 | $47,000 | $191,000 |
| 2022 | $56,000 | $217,000 |
| 2023 | $66,000 | $234,000 |
| 2024 | $66,000 | $245,000 |
| 2025 | $79,000 | $255,000 |
| 2026 | $88,000 | $260,000 |
| September 2026 | $83,000 | $265,000 |
A typical Hanley Hills home worth $28K in October 2016 is worth about $83K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs about a year of area income
The calculator starts from the area income the grade uses. Switch to Hanley Hills’s own median, or type yours.
That covers a typical Hanley Hills home, with $187K to spare.
A two-bedroom rents for about $1,180 a month here, $610 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Hanley Hills’s typical property tax (1.99% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,180
Renters already here pay a median of $1,202.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (St. Louis, MO-IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Low tax bills, but a high tax rate
The median bill is $1,458, under the Missouri median of $1,948, because homes cost less. As a share of value it’s 1.99% a year, against 0.85% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Hanley Hills
Only figures published free for the whole country, each labeled with the area it covers: the St. Louis, MO-IL metro area, or Missouri. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 95 | MO 91 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 100 | MO 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 70 | MO 79 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | MO 95 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Hanley Hills vs. its neighbors
Of the 3 towns here with a Zillow value, Hanley Hills has the 2nd-lowest.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Hanley Hills | B+ | $83K | $73K | 1.99% | $1,180 |
| Pagedale | A− | $72K | $75K | 1.39% | $1,160 |
| Vinita Park | A− | $100K | $99K | 1.65% | $1,280 |
Questions about the cost of living in Hanley Hills
Is Hanley Hills expensive to live in?
Measured against what households in the area earn, Hanley Hills costs less than 69% of U.S. towns: a B+ for cost of living. The typical home costs 0.9 years of the median household income of the St. Louis, MO-IL metro area ($80K).
How much does a house cost in Hanley Hills?
About $83K, Zillow’s typical value for September 2026, up 0.8% in a year. The Missouri typical home is $265K.
What salary do you need to live in Hanley Hills?
To buy the typical home with 20% down at 6.3%, about $25,000 a year, keeping the payment (about $570 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $47,000.
How much is rent in Hanley Hills?
HUD puts a two-bedroom at about $1,180 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,202 (Census 2020–24).
What are property taxes in Hanley Hills?
The median bill is $1,458 a year, 1.99% of the median home value (Missouri: $1,948, 0.85%), from the Census 2020–24.
Are home prices in Hanley Hills going up?
Barely: up 0.8% in the past year and 47.9% in five years, against 26.3% across Missouri (Zillow).
Neighbors talk housing
What Hanley Hills buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.