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Affordable
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These days, finding an affordable place to live in the Arma area can be challenging. Home prices in Arma are now at a median cost of $83,221, lower than the Kansas average of $243,949.
The average cost of rent is $693/mo in Arma, primarily driven by the current value of real estate in the Arma area. In Arma, 31.31% of households rent, and 51.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arma is $4,409 per month. Households that rent pay about 15.71% of their income on rent here. Arma’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Franklin, KS: higher priced homes
- Edison, KS: less expensive homes
- Mulberry, KS: higher priced homes
- Dunkirk, KS: higher priced homes
- Burgess, MO: higher priced homes
- Ringo, KS: higher priced homes
- Frontenac, KS: higher priced homes
- South Radley, KS: higher priced homes
- Cato, KS: less expensive homes
- Yale, KS: higher priced homes
Cities with Similar Populations
- Marion, MT: higher priced homes
- Jean Lafitte, LA: higher priced homes
- Hagerman, NM: higher priced homes
- Stafford, NY: higher priced homes
- Pomeroy, WA: higher priced homes
- Northport, MI: higher priced homes
- Porterdale, GA: higher priced homes
- Mears, MI: higher priced homes
- Mazon, IL: higher priced homes
- Rawlings, MD: higher priced homes
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