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These days, finding an affordable place to live in the 72118 area can be challenging. Home prices in 72118 are now at a median cost of $138,806, lower than the Arkansas average of $207,061.
The average cost of rent is $1,059/mo in 72118, primarily driven by the current value of real estate in the 72118 area. In 72118, 49.41% of households rent, and 36.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 72118 is $4,500 per month. Households that rent pay about 23.54% of their income on rent here. 72118’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 72199, AR: higher priced homes
- 72116, AR: higher priced homes
- 72114, AR: higher priced homes
- 72119, AR: higher priced homes
- 72207, AR: higher priced homes
- 72202, AR: higher priced homes
- 72201, AR: higher priced homes
- 72120, AR: higher priced homes
- 72205, AR: higher priced homes
- 72227, AR: higher priced homes
Zip Codes with Similar Populations
- 01890, MA: higher priced homes
- 98264, WA: higher priced homes
- 83202, ID: higher priced homes
- 80203, CO: higher priced homes
- 78624, TX: higher priced homes
- 68105, NE: higher priced homes
- 67216, KS: less expensive homes
- 63121, MO: less expensive homes
- 62901, IL: equally priced homes
- 61111, IL: higher priced homes
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