The Most Affordable Neighborhoods in Belle Meade, AR by Home Value

These days, finding an affordable place to live in the Belle Meade area can be challenging. Home prices in Belle Meade are now at a median cost of $65,515, lower than the Arkansas average of $207,061.

The average cost of rent is $392/mo in Belle Meade, primarily driven by the current value of real estate in the Belle Meade area. In Belle Meade, 40.26% of households rent, and 68.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Belle Meade is $4,223 per month. Households that rent pay about 9.27% of their income on rent here. Belle Meade’s most expensive areas are in the central 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.

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