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

 

Center Ridge, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Center Ridge area can be challenging. Home prices in Center Ridge are now at a median cost of $128,122, lower than the Arkansas average of $207,061.

The average cost of rent is $1,698/mo in Center Ridge, primarily driven by the current value of real estate in the Center Ridge area. In Center Ridge, 21.54% of households rent, and 63.34% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Center Ridge is $4,853 per month. Households that rent pay about 34.98% of their income on rent here. Center Ridge’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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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