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These days, finding an affordable place to live in the Canfield area can be challenging. Home prices in Canfield are now at a median cost of $83,419, lower than the Arkansas average of $207,061.
The average cost of rent is $429/mo in Canfield, primarily driven by the current value of real estate in the Canfield area. In Canfield, 21.01% of households rent, and 76.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canfield is $4,211 per month. Households that rent pay about 10.20% of their income on rent here. Canfield’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
- Walnut Hill, AR: higher priced homes
- Bradley, AR: equally priced homes
- McKamie, AR: higher priced homes
- Gin City, AR: higher priced homes
- Kizer, AR: less expensive homes
- Taylor, AR: higher priced homes
- State Line, AR: equally priced homes
- Ferguson Crossroads, AR: less expensive homes
- Canale, AR: higher priced homes
- Fort Lynn, AR: less expensive homes
Cities with Similar Populations
- Beaver, IA: higher priced homes
- Woodland Beach, DE: higher priced homes
- Barlow, OR: higher priced homes
- Milldale, CT: higher priced homes
- Dempsey, AL: higher priced homes
- Barton, LA: higher priced homes
- Oronoco, VA: higher priced homes
- Orme, TN: higher priced homes
- Bradgate, IA: equally priced homes
- Gray Horse, OK: higher priced homes
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