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These days, finding an affordable place to live in the Canehill area can be challenging. Home prices in Canehill are now at a median cost of $218,625, higher than the Arkansas average of $207,061.
The average cost of rent is $843/mo in Canehill, primarily driven by the current value of real estate in the Canehill area. In Canehill, 27.87% of households rent, and 72.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canehill is $5,102 per month. Households that rent pay about 16.51% of their income on rent here. Canehill’s most expensive areas are in the northeastern 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
- Morrow, AR: equally priced homes
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- Piney, OK: less expensive homes
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Cities with Similar Populations
- Millville, MI: equally priced homes
- Lake Angelus, MI: higher priced homes
- Lamar, IN: equally priced homes
- Lanark, TX: less expensive homes
- Langston, MI: equally priced homes
- Lawler, IA: less expensive homes
- Terreton, ID: equally priced homes
- Talowah, MS: less expensive homes
- Lowell, VT: less expensive homes
- Madison, CA: higher priced homes
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