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Affordable
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These days, finding an affordable place to live in the Bassett area can be challenging. Home prices in Bassett are now at a median cost of $78,566, lower than the Arkansas average of $207,061.
The average cost of rent is $643/mo in Bassett, primarily driven by the current value of real estate in the Bassett area. In Bassett, 34.28% of households rent, and 56.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bassett is $3,103 per month. Households that rent pay about 20.71% of their income on rent here. Bassett’s most expensive areas are in the northeastern 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
- Joiner, AR: equally priced homes
- Wardell, AR: equally priced homes
- Pecan Point, AR: higher priced homes
- Wilson, AR: higher priced homes
- Chelford, AR: equally priced homes
- Marie, AR: higher priced homes
- Dyess, AR: higher priced homes
- Frenchmans Bayou, AR: higher priced homes
- Carson Lake, AR: higher priced homes
- Birdsong, AR: equally priced homes
Cities with Similar Populations
- Linn, MS: higher priced homes
- Saronville, NE: higher priced homes
- Lewbeach, NY: higher priced homes
- Sargent, TX: higher priced homes
- Santa Elena, TX: equally priced homes
- Samsville, IL: higher priced homes
- Drift Creek, OR: higher priced homes
- Union Center, SD: higher priced homes
- Samantha, OH: higher priced homes
- Lincoln, OR: higher priced homes
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