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Affordable
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These days, finding an affordable place to live in the Blakely area can be challenging. Home prices in Blakely are now at a median cost of $192,095, lower than the Arkansas average of $207,061.
The average cost of rent is $1,123/mo in Blakely, primarily driven by the current value of real estate in the Blakely area. In Blakely, 34.41% of households rent, and 57.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Blakely is $5,447 per month. Households that rent pay about 20.62% of their income on rent here. Blakely’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jessieville, AR: equally priced homes
- Mountain Pine, AR: less expensive homes
- Hot Springs Village, AR: higher priced homes
- Mount Tabor, AR: less expensive homes
- Euclid Heights, AR: equally priced homes
- Fountain Lake, AR: higher priced homes
- Piney, AR: less expensive homes
- Royal, AR: higher priced homes
- Lonsdale, AR: less expensive homes
- Crystal Springs Landing, AR: less expensive homes
Cities with Similar Populations
- Sargeant, MN: higher priced homes
- Pershing, IN: less expensive homes
- Peterboro, NY: less expensive homes
- Peters, CA: higher priced homes
- Petrolia, IL: less expensive homes
- Picabo, ID: higher priced homes
- Salladasburg, PA: less expensive homes
- Salunga, PA: higher priced homes
- Sardine, AL: less expensive homes
- Pendorff, MS: less expensive homes
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