Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bay area can be challenging. Home prices in Bay are now at a median cost of $95,791, lower than the Arkansas average of $160,541.
The average cost of rent is $864/mo in Bay, primarily driven by the current value of real estate in the Bay area. While nearly 46.17% of residents own their homes outright in Bay, 41.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bay is $4,490 per month. Households that rent pay about 19.24% of their income on rent here. Bay's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hergett, AR: higher priced homes
- Stacy, AR: higher priced homes
- Shady Grove, AR: higher priced homes
- Elm Grove, AR: less expensive homes
- Lunsford, AR: equally priced homes
- Needham, AR: higher priced homes
- Trumann, AR: higher priced homes
- Maple Grove, AR: higher priced homes
- Promised Land, AR: equally priced homes
- Tulot, AR: higher priced homes
Cities with Similar Populations
- Bagdad, AZ: less expensive homes
- Scio, OH: higher priced homes
- Wathena, KS: higher priced homes
- Lobelville, TN: higher priced homes
- Sebeka, MN: higher priced homes
- Seabrook Island, SC: higher priced homes
- Salvisa, KY: higher priced homes
- Grant Park, IL: higher priced homes
- Haysi, VA: less expensive homes
- Princeville, HI: higher priced homes
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