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These days, finding an affordable place to live in the Arkansas City area can be challenging. Home prices in Arkansas City are now at a median cost of $70,084, lower than the Arkansas average of $207,061.
The average cost of rent is $669/mo in Arkansas City, primarily driven by the current value of real estate in the Arkansas City area. In Arkansas City, 21.64% of households rent, and 82.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arkansas City is $3,466 per month. Households that rent pay about 19.31% of their income on rent here. Arkansas City’s most expensive areas are in the northwestern 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
- Halley, AR: higher priced homes
- McArthur, AR: higher priced homes
- Scott, MS: higher priced homes
- Bolivar, MS: higher priced homes
- Halley Junction, AR: less expensive homes
- McGehee, AR: higher priced homes
- Benoit, MS: higher priced homes
- Rohwer, AR: equally priced homes
- Grapeland, MS: higher priced homes
- Stringtown, MS: higher priced homes
Cities with Similar Populations
- Arroyo Gardens, TX: higher priced homes
- Macdoel, CA: higher priced homes
- Mitchellville, SC: higher priced homes
- Millgrove, IN: higher priced homes
- Midway, IA: higher priced homes
- Meeker, OH: higher priced homes
- McClanahan, TX: higher priced homes
- Marion, CT: higher priced homes
- Malcolm, AL: higher priced homes
- Mittie, LA: higher priced homes
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