Expensive
Affordable
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These days, finding an affordable place to live in the Allison area can be challenging. Home prices in Allison are now at a median cost of $179,422, lower than the Arkansas average of $207,061.
The average cost of rent is $716/mo in Allison, primarily driven by the current value of real estate in the Allison area. In Allison, 30.37% of households rent, and 46.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Allison is $3,985 per month. Households that rent pay about 17.96% of their income on rent here. Allison’s most expensive areas are in the eastern 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.
Nearby Cities
- Twin Creek, AR: equally priced homes
- Herpel, AR: equally priced homes
- Mountain View, AR: equally priced homes
- Sylamore, AR: equally priced homes
- Gayler, AR: less expensive homes
- Guion, AR: equally priced homes
- Optimus, AR: less expensive homes
- Fifty-Six, AR: less expensive homes
- Knob Creek, AR: less expensive homes
- St. James, AR: less expensive homes
Cities with Similar Populations
- Beaver Island, MI: higher priced homes
- Neche, ND: less expensive homes
- Scotland, MD: higher priced homes
- St. Paul, AR: less expensive homes
- Screeton, AR: less expensive homes
- Hayley, AR: less expensive homes
- Arroyo Gardens, TX: equally priced homes
- Guinda, CA: higher priced homes
- Anatone, WA: higher priced homes
- Kenansville, FL: higher priced homes
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