The Most Affordable Neighborhoods in Chimes, AR by Home Value

 

Chimes, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chimes area can be challenging. Home prices in Chimes are now at a median cost of $128,557, lower than the Arkansas average of $207,061.

The average cost of rent is $838/mo in Chimes, primarily driven by the current value of real estate in the Chimes area. In Chimes, 16.25% of households rent, and 51.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Chimes is $3,756 per month. Households that rent pay about 22.32% of their income on rent here. Chimes’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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