Home Price Key
Affordable
Average
Expensive
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 $123,045, lower than the Arkansas average of $160,541.
The average cost of rent is $511/mo in Allison, primarily driven by the current value of real estate in the Allison area. While nearly 48.20% of residents own their homes outright in Allison, 22.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in Allison is $3,741 per month. Households that rent pay about 13.67% of their income on rent here. Allison's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Twin Creek, AR: equally priced homes
- Herpel, AR: equally priced homes
- Mountain View, AR: higher 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: less expensive homes
- Guinda, CA: higher priced homes
- Anatone, WA: higher priced homes
- Kenansville, FL: higher priced homes
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