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These days, finding an affordable place to live in the Central City area can be challenging. Home prices in Central City are now at a median cost of $174,435, lower than the Arkansas average of $207,061.
The average cost of rent is $780/mo in Central City, primarily driven by the current value of real estate in the Central City area. In Central City, 22.65% of households rent, and 63.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central City is $5,516 per month. Households that rent pay about 14.14% of their income on rent here. Central City’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lavaca, AR: equally priced homes
- Barling, AR: higher priced homes
- Kibler, AR: higher priced homes
- Old Jenny Lind, AR: higher priced homes
- Greenwood, AR: higher priced homes
- Ursula, AR: equally priced homes
- Fort Smith, AR: equally priced homes
- Riverdale, AR: equally priced homes
- Charleston, AR: less expensive homes
- Van Buren, AR: higher priced homes
Cities with Similar Populations
- Roosevelt, AZ: equally priced homes
- Donovan, IL: less expensive homes
- Dorchester, TX: higher priced homes
- Doskie, MS: equally priced homes
- Eagle Bridge, NY: higher priced homes
- Echo, LA: higher priced homes
- Edwardsville, AL: less expensive homes
- Emerson, NY: equally priced homes
- Enon Grove, GA: higher priced homes
- Ridenour, TN: higher priced homes
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