Expensive
Affordable
Affordable
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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 $276,257, higher than the Arkansas average of $207,061.
The average cost of rent is $1,051/mo in Alexander, primarily driven by the current value of real estate in the Alexander area. In Alexander, 15.66% of households rent, and 34.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alexander is $7,707 per month. Households that rent pay about 13.63% of their income on rent here. Alexander’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bryant, AR: less expensive homes
- Shannon Hills, AR: less expensive homes
- Avilla, AR: higher priced homes
- Benton, AR: less expensive homes
- Mabelvale, AR: less expensive homes
- Vimy Ridge, AR: less expensive homes
- Bauxite, AR: less expensive homes
- Little Rock, AR: less expensive homes
- Detonti, AR: less expensive homes
- Ferndale, AR: higher priced homes
Cities with Similar Populations
- Key Biscayne, FL: higher priced homes
- Hampstead, MD: higher priced homes
- Burnsville, NC: less expensive homes
- Glenwood Springs, CO: higher priced homes
- Wood Dale, IL: higher priced homes
- San Elizario, TX: less expensive homes
- Malibu, CA: higher priced homes
- Sturgeon Bay, WI: higher priced homes
- Princeton, MN: higher priced homes
- Gulf Shores, AL: higher priced homes
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