Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Berlin area can be challenging. Home prices in Berlin are now at a median cost of $106,422, lower than the Arkansas average of $160,541.
The average cost of rent is $533/mo in Berlin, primarily driven by the current value of real estate in the Berlin area. While nearly 61.53% of residents own their homes outright in Berlin, 20.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Berlin is $3,706 per month. Households that rent pay about 14.37% of their income on rent here. Berlin's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
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