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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 $93,504, lower than the Kansas average of $243,949.
The average cost of rent is $869/mo in Arkansas City, primarily driven by the current value of real estate in the Arkansas City area. In Arkansas City, 39.05% of households rent, and 49.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arkansas City is $4,601 per month. Households that rent pay about 18.89% of their income on rent here. Arkansas City’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Parkerfield, KS: higher priced homes
- Silverdale, KS: higher priced homes
- Geuda Springs, KS: higher priced homes
- Middleton, OK: higher priced homes
- Portland, KS: higher priced homes
- South Haven, KS: higher priced homes
- Braman, OK: equally priced homes
- Dexter, KS: higher priced homes
- Hunnewell, KS: higher priced homes
- Grainola, OK: higher priced homes
Cities with Similar Populations
- Albertville, MN: higher priced homes
- Wood Dale, IL: higher priced homes
- Killen, AL: higher priced homes
- Key Largo, FL: higher priced homes
- Barboursville, WV: higher priced homes
- Duxbury, MA: higher priced homes
- Sanger, TX: higher priced homes
- San Elizario, TX: higher priced homes
- East Cleveland, OH: equally priced homes
- San Antonio, PR: higher priced homes
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