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Affordable
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These days, finding an affordable place to live in the Cave City area can be challenging. Home prices in Cave City are now at a median cost of $134,437, lower than the Arkansas average of $207,061.
The average cost of rent is $715/mo in Cave City, primarily driven by the current value of real estate in the Cave City area. In Cave City, 35.48% of households rent, and 46.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cave City is $4,820 per month. Households that rent pay about 14.82% of their income on rent here. Cave City’s most expensive areas are in the eastern 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
- Hickory Valley, AR: higher priced homes
- Maxville, AR: equally priced homes
- Sandtown, AR: equally priced homes
- Shelbyville, AR: higher priced homes
- Poughkeepsie, AR: higher priced homes
- Gainsboro, AR: higher priced homes
- Charlotte, AR: higher priced homes
- Sidney, AR: equally priced homes
- Evening Shade, AR: less expensive homes
- Walnut Grove, AR: higher priced homes
Cities with Similar Populations
- Alexandria, OH: higher priced homes
- West Branch, IA: higher priced homes
- Afton, WY: higher priced homes
- Weidman, MI: higher priced homes
- Veedersburg, IN: equally priced homes
- South Whitley, IN: higher priced homes
- Rollinsford, NH: higher priced homes
- Port Byron, IL: higher priced homes
- Ponce Inlet, FL: higher priced homes
- New York Mills, NY: higher priced homes
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