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These days, finding an affordable place to live in the Butterfield area can be challenging. Home prices in Butterfield are now at a median cost of $154,289, lower than the Arkansas average of $207,061.
The average cost of rent is $807/mo in Butterfield, primarily driven by the current value of real estate in the Butterfield area. In Butterfield, 15.28% of households rent, and 46.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Butterfield is $4,908 per month. Households that rent pay about 16.45% of their income on rent here. Butterfield’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.
Nearby Cities
- Jones Mill, AR: higher priced homes
- Rockport, AR: less expensive homes
- Malvern, AR: less expensive homes
- Magnet Cove, AR: less expensive homes
- Jones Mills, AR: higher priced homes
- Perla, AR: less expensive homes
- Glen Rose, AR: higher priced homes
- Gifford, AR: less expensive homes
- Price, AR: equally priced homes
- Traskwood, AR: higher priced homes
Cities with Similar Populations
- Seneca Rocks, WV: less expensive homes
- Finney, KY: higher priced homes
- Scobeville, MO: higher priced homes
- Fernwood, OR: higher priced homes
- Scofield, OR: higher priced homes
- Ferguson Crossroads, AR: less expensive homes
- Sconondoa, NY: higher priced homes
- Felton, AR: less expensive homes
- Fedora, SD: higher priced homes
- Farwell, PA: less expensive homes
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