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These days, finding an affordable place to live in the Black Springs area can be challenging. Home prices in Black Springs are now at a median cost of $133,651, lower than the Arkansas average of $207,061.
The average cost of rent is $713/mo in Black Springs, primarily driven by the current value of real estate in the Black Springs area. In Black Springs, 21.94% of households rent, and 70.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Black Springs is $4,712 per month. Households that rent pay about 15.13% of their income on rent here. Black Springs’s most expensive areas are in the northwestern 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
- Norman, AR: less expensive homes
- Caddo Gap, AR: equally priced homes
- Oden, AR: equally priced homes
- Hopper, AR: higher priced homes
- Manfred, AR: less expensive homes
- Hurricane Grove, AR: higher priced homes
- Lodi, AR: equally priced homes
- Mount Ida, AR: higher priced homes
- Whitetown, AR: equally priced homes
- Big Fork, AR: equally priced homes
Cities with Similar Populations
- Flowell, UT: higher priced homes
- Laurel Dale, WV: higher priced homes
- Skykomish, WA: higher priced homes
- Franklin, IA: higher priced homes
- Slate Spring, MS: less expensive homes
- Frakes, KY: less expensive homes
- Fosters Mills, GA: higher priced homes
- Small, NC: higher priced homes
- Smyrna, OH: equally priced homes
- Forester, MI: higher priced homes
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