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Affordable
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These days, finding an affordable place to live in the Caney area can be challenging. Home prices in Caney are now at a median cost of $195,447, lower than the Arkansas average of $207,061.
The average cost of rent is $781/mo in Caney, primarily driven by the current value of real estate in the Caney area. In Caney, 19.72% of households rent, and 40.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caney is $6,213 per month. Households that rent pay about 12.57% of their income on rent here. Caney’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bismarck, AR: equally priced homes
- Friendship, AR: less expensive homes
- Saginaw, AR: equally priced homes
- Donaldson, AR: less expensive homes
- Caddo Valley, AR: equally priced homes
- Lambert, AR: equally priced homes
- Lake Hamilton, AR: higher priced homes
- Central, AR: equally priced homes
- Social Hill, AR: equally priced homes
- Pettyview, AR: equally priced homes
Cities with Similar Populations
- Graysville, OH: less expensive homes
- Handy, GA: higher priced homes
- Hambleton, WV: less expensive homes
- Hallock, OH: equally priced homes
- Hallidayboro, IL: less expensive homes
- South Edmeston, NY: less expensive homes
- Gwynneville, IN: equally priced homes
- Guinda, CA: higher priced homes
- Groton City, NY: less expensive homes
- South Hills, SC: less expensive homes
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