Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cave Springs area can be challenging. Home prices in Cave Springs are now at a median cost of $355,082, higher than the Arkansas average of $160,541.
The average cost of rent is $1,521/mo in Cave Springs, primarily driven by the current value of real estate in the Cave Springs area. While nearly 25.04% of residents own their homes outright in Cave Springs, 18.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cave Springs is $9,728 per month. Households that rent pay about 15.63% of their income on rent here. Cave Springs's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Elm Springs, AR: less expensive homes
- Healing Springs, AR: less expensive homes
- Lowell, AR: less expensive homes
- Rogers, AR: less expensive homes
- Bentonville, AR: less expensive homes
- Bethel Heights, AR: less expensive homes
- Tontitown, AR: less expensive homes
- Highfill, AR: less expensive homes
- Centerton, AR: less expensive homes
- Springdale, AR: less expensive homes
Cities with Similar Populations
- Mayville, WI: less expensive homes
- Mentor-on-the-Lake, OH: less expensive homes
- Mendon, MA: higher priced homes
- Melrose, FL: less expensive homes
- Medina, MN: higher priced homes
- Medford Lakes, NJ: equally priced homes
- McRae, GA: less expensive homes
- McCormick, SC: less expensive homes
- McCall, ID: equally priced homes
- Meraux, LA: less expensive homes
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