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Affordable
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These days, finding an affordable place to live in the Arkmo area can be challenging. Home prices in Arkmo are now at a median cost of $52,700, lower than the Missouri average of $246,641.
The average cost of rent is $625/mo in Arkmo, primarily driven by the current value of real estate in the Arkmo area. In Arkmo, 26.82% of households rent, and 65.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arkmo is $3,118 per month. Households that rent pay about 20.04% of their income on rent here. Arkmo’s most expensive areas are in the central 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
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Cities with Similar Populations
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