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Affordable
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These days, finding an affordable place to live in the 72016 area can be challenging. Home prices in 72016 are now at a median cost of $174,900, lower than the Arkansas average of $207,061.
The average cost of rent is $886/mo in 72016, primarily driven by the current value of real estate in the 72016 area. In 72016, 17.98% of households rent, and 57.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 72016 is $5,720 per month. Households that rent pay about 15.50% of their income on rent here. 72016’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 72070, AR: less expensive homes
- 72135, AR: higher priced homes
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- 72034, AR: higher priced homes
- 72126, AR: less expensive homes
- 72035, AR: higher priced homes
- 72001, AR: less expensive homes
- 72032, AR: higher priced homes
- 72113, AR: higher priced homes
Zip Codes with Similar Populations
- 05091, VT: higher priced homes
- 07756, NJ: higher priced homes
- 08735, NJ: higher priced homes
- 24330, VA: less expensive homes
- 18837, PA: higher priced homes
- 21915, MD: higher priced homes
- 22534, VA: higher priced homes
- 22728, VA: higher priced homes
- 70542, LA: less expensive homes
- 50421, IA: less expensive homes
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