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These days, finding an affordable place to live in the Arab area can be challenging. Home prices in Arab are now at a median cost of $206,956, lower than the Missouri average of $246,641.
The average cost of rent is $664/mo in Arab, primarily driven by the current value of real estate in the Arab area. In Arab, 10.61% of households rent, and 46.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arab is $4,270 per month. Households that rent pay about 15.55% of their income on rent here. Arab’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Lake Bluff, NY: equally priced homes
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