
Home Price Key
These days, finding an affordable place to live in the Bates area can be challenging. Home prices in Bates are now at a median cost of $111,625, lower than the Arkansas average of $160,541.
The average cost of rent is $745/mo in Bates, primarily driven by the current value of real estate in the Bates area. While nearly 57.41% of residents own their homes outright in Bates, 15.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bates is $3,658 per month. Households that rent pay about 20.37% of their income on rent here. Bates's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Waldron, AR: less expensive homes
- Needmore, AR: less expensive homes
- Boles, AR: higher priced homes
- Parks, AR: equally priced homes
- Winfield, AR: less expensive homes
- Tate, AR: equally priced homes
- Hon, AR: less expensive homes
- Nella, AR: higher priced homes
- Union Hill, AR: equally priced homes
- Blansett, AR: equally priced homes
Cities with Similar Populations
- Woodland Mills, TN: equally priced homes
- Revive, MS: less expensive homes
- Eldean, OH: higher priced homes
- Sandy Beach, NY: higher priced homes
- Ranier, MN: higher priced homes
- Bradford, TX: higher priced homes
- Santiago, MN: higher priced homes
- Thicket, TX: less expensive homes
- Thornwell, LA: higher priced homes
- Green Valley, TX: higher priced homes
All Local Stats
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