Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Central area can be challenging. Home prices in Central are now at a median cost of $199,600, higher than the Arkansas average of $160,541.
The average cost of rent is $650/mo in Central, primarily driven by the current value of real estate in the Central area. While nearly 39.18% of residents own their homes outright in Central, 17.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Central is $5,929 per month. Households that rent pay about 10.96% of their income on rent here. Central's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Donaldson, AR: less expensive homes
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- Joan, AR: higher priced homes
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- Caddo Valley, AR: less expensive homes
- Rolla, AR: less expensive homes
Cities with Similar Populations
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- Franklin, NE: less expensive homes
- Walhalla, ND: less expensive homes
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