The Most Affordable Neighborhoods in Alexander, AR by Home Value

 

Alexander, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alexander area can be challenging. Home prices in Alexander are now at a median cost of $211,720, higher than the Arkansas average of $160,541.

The average cost of rent is $917/mo in Alexander, primarily driven by the current value of real estate in the Alexander area. While nearly 34.18% of residents own their homes outright in Alexander, 17.30% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alexander is $6,410 per month. Households that rent pay about 14.30% of their income on rent here. Alexander's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.


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