Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Charlotte area can be challenging. Home prices in Charlotte are now at a median cost of $126,182, lower than the Arkansas average of $160,541.
The average cost of rent is $785/mo in Charlotte, primarily driven by the current value of real estate in the Charlotte area. While nearly 56.07% of residents own their homes outright in Charlotte, 22.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Charlotte is $4,732 per month. Households that rent pay about 16.59% of their income on rent here. Charlotte's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Walnut Grove, AR: higher priced homes
- Sulphur Rock, AR: less expensive homes
- Gainsboro, AR: equally priced homes
- Cord, AR: higher priced homes
- Hickory Valley, AR: equally priced homes
- Newark, AR: less expensive homes
- Magness, AR: less expensive homes
- Moorefield, AR: higher priced homes
- Dowdy, AR: equally priced homes
- Cave City, AR: less expensive homes
Cities with Similar Populations
- Bailey, TX: higher priced homes
- Blue Rock, OH: higher priced homes
- Blue Ridge Manor, KY: higher priced homes
- Big Run, PA: less expensive homes
- Big Pool, MD: higher priced homes
- Benham, KY: less expensive homes
- Bell, MI: higher priced homes
- Ballsville, VA: higher priced homes
- Analomink, PA: higher priced homes
- Norwood, LA: equally priced homes
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