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 $128,947, lower than the Arkansas average of $160,541.

The average cost of rent is $721/mo in Center Ridge, primarily driven by the current value of real estate in the Center Ridge area. While nearly 56.59% of residents own their homes outright in Center Ridge, 17.67% rent.

Housing affordability isn’t just about home prices, though. The average household income in Center Ridge is $4,718 per month. Households that rent pay about 15.28% of their income on rent here. Center Ridge's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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