
Home Price Key
These days, finding an affordable place to live in the Alpena area can be challenging. Home prices in Alpena are now at a median cost of $144,651, lower than the Arkansas average of $160,541.
The average cost of rent is $971/mo in Alpena, primarily driven by the current value of real estate in the Alpena area. While nearly 56.45% of residents own their homes outright in Alpena, 16.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alpena is $4,852 per month. Households that rent pay about 20.01% of their income on rent here. Alpena's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Carrollton, AR: equally priced homes
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- Rule, AR: equally priced homes
- Oak Grove, AR: less expensive homes
- Burlington, AR: less expensive homes
- Rudd, AR: equally priced homes
- Blue Eye, AR: less expensive homes
- Bergman, AR: equally priced homes
Cities with Similar Populations
- Cape Vincent, NY: higher priced homes
- Bratenahl, OH: higher priced homes
- Wellston, MI: less expensive homes
- Kimper, KY: less expensive homes
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- Mathias, WV: equally priced homes
- Danbury, NC: less expensive homes
- Marmet, WV: less expensive homes
- DeSoto, IA: higher priced homes
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