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Affordable
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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 $195,381, lower than the Arkansas average of $207,061.
The average cost of rent is $906/mo in Central, primarily driven by the current value of real estate in the Central area. In Central, 12.67% of households rent, and 43.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central is $6,523 per month. Households that rent pay about 13.89% of their income on rent here. Central’s most expensive areas are in the eastern 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.
Nearby Cities
- Donaldson, AR: less expensive homes
- Friendship, AR: less expensive homes
- Witherspoon, AR: less expensive homes
- Social Hill, AR: equally priced homes
- Saginaw, AR: equally priced homes
- Joan, AR: less expensive homes
- Round Hill, AR: less expensive homes
- Caney, AR: equally priced homes
- Caddo Valley, AR: equally priced homes
- Rolla, AR: less expensive homes
Cities with Similar Populations
- Wattensaw, AR: equally priced homes
- Grant Town, WV: less expensive homes
- Graettinger, IA: less expensive homes
- Glidden, TX: higher priced homes
- Unity, WI: less expensive homes
- Genesee, PA: less expensive homes
- Venus, PA: less expensive homes
- Wabeno, WI: equally priced homes
- Franklin, NE: less expensive homes
- Walhalla, ND: less expensive homes
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