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These days, finding an affordable place to live in the Augusta area can be challenging. Home prices in Augusta are now at a median cost of $123,874, lower than the Arkansas average of $207,061.
The average cost of rent is $660/mo in Augusta, primarily driven by the current value of real estate in the Augusta area. In Augusta, 37.57% of households rent, and 52.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Augusta is $4,405 per month. Households that rent pay about 14.98% of their income on rent here. Augusta’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Augusta, AR: higher priced homes
- Fitzhugh, AR: higher priced homes
- Revel, AR: higher priced homes
- Rio Vista, AR: equally priced homes
- Riverside, AR: higher priced homes
- Patterson, AR: less expensive homes
- Worden, AR: equally priced homes
- Gregory, AR: higher priced homes
- McCrory, AR: less expensive homes
- Russell, AR: less expensive homes
Cities with Similar Populations
- Seeley Lake, MT: higher priced homes
- Ash Fork, AZ: higher priced homes
- Wetumka, OK: less expensive homes
- Rogers, OH: higher priced homes
- Lorida, FL: higher priced homes
- Lattingtown, NY: higher priced homes
- Huttonsville, WV: equally priced homes
- Fulton, TX: higher priced homes
- Cressona, PA: higher priced homes
- Branchville, IN: higher priced homes
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