
Home Price Key
These days, finding an affordable place to live in the Alma area can be challenging. Home prices in Alma are now at a median cost of $135,930, lower than the Arkansas average of $160,541.
The average cost of rent is $728/mo in Alma, primarily driven by the current value of real estate in the Alma area. While nearly 37.32% of residents own their homes outright in Alma, 32.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alma is $4,713 per month. Households that rent pay about 15.45% of their income on rent here. Alma's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Dyer, AR: higher priced homes
- Kibler, AR: less expensive homes
- Rudy, AR: less expensive homes
- Van Buren, AR: equally priced homes
- Riverdale, AR: higher priced homes
- Mulberry, AR: less expensive homes
- Cedarville, AR: less expensive homes
- Dora, AR: higher priced homes
- Lavaca, AR: higher priced homes
- Central City, AR: higher priced homes
Cities with Similar Populations
- Holly Hill, FL: less expensive homes
- Colchester, CT: higher priced homes
- Palos Verdes Estates, CA: higher priced homes
- Paris, KY: higher priced homes
- Clinton, CT: higher priced homes
- Paw Paw, MI: higher priced homes
- Hopkins, SC: equally priced homes
- Chipley, FL: equally priced homes
- Polk City, FL: higher priced homes
- Poquoson, VA: higher priced homes
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