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These days, finding an affordable place to live in the Alicia area can be challenging. Home prices in Alicia are now at a median cost of $77,100, lower than the Arkansas average of $207,061.
The average cost of rent is $693/mo in Alicia, primarily driven by the current value of real estate in the Alicia area. In Alicia, 27.68% of households rent, and 77.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alicia is $4,010 per month. Households that rent pay about 17.28% of their income on rent here. Alicia’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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