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Affordable
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These days, finding an affordable place to live in the Caddo Gap area can be challenging. Home prices in Caddo Gap are now at a median cost of $143,131, lower than the Arkansas average of $207,061.
The average cost of rent is $794/mo in Caddo Gap, primarily driven by the current value of real estate in the Caddo Gap area. In Caddo Gap, 24.00% of households rent, and 67.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caddo Gap is $4,604 per month. Households that rent pay about 17.24% of their income on rent here. Caddo Gap’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hopper, AR: equally priced homes
- Manfred, AR: less expensive homes
- Norman, AR: less expensive homes
- Glenwood, AR: less expensive homes
- Black Springs, AR: equally priced homes
- Lodi, AR: less expensive homes
- Kirby, AR: less expensive homes
- Caney Valley, AR: less expensive homes
- Rosboro, AR: less expensive homes
- Mazarn, AR: less expensive homes
Cities with Similar Populations
- Dill City, OK: less expensive homes
- Colbyville, VT: higher priced homes
- Andrew, IA: higher priced homes
- DeSmet, MO: higher priced homes
- Chipola, FL: higher priced homes
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- Beach View, NJ: higher priced homes
- Simpson, SC: higher priced homes
- La Garita, CO: higher priced homes
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