The Most Affordable Neighborhoods in Center Hill, AR by Home Value

These days, finding an affordable place to live in the Center Hill area can be challenging. Home prices in Center Hill are now at a median cost of $163,567, lower than the Arkansas average of $207,061.

The average cost of rent is $916/mo in Center Hill, primarily driven by the current value of real estate in the Center Hill area. In Center Hill, 23.41% of households rent, and 73.32% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Center Hill is $3,461 per month. Households that rent pay about 26.46% of their income on rent here. Center Hill’s most expensive areas are in the southern 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.

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