Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cleveland area can be challenging. Home prices in Cleveland are now at a median cost of $120,839, lower than the Arkansas average of $160,541.
The average cost of rent is $633/mo in Cleveland, primarily driven by the current value of real estate in the Cleveland area. While nearly 58.65% of residents own their homes outright in Cleveland, 13.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cleveland is $4,641 per month. Households that rent pay about 13.65% of their income on rent here. Cleveland's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Lick Mountain, AR: equally priced homes
- Gravel Hill, AR: less expensive homes
- Robertsville, AR: equally priced homes
- Middleton, AR: equally priced homes
- Catholic Point, AR: equally priced homes
- Jerusalem, AR: equally priced homes
- St. Vincent, AR: higher priced homes
- Center Ridge, AR: equally priced homes
- Hattieville, AR: equally priced homes
- Pleasant Grove, AR: less expensive homes
Cities with Similar Populations
- Big Spring, KY: less expensive homes
- Shady Grove, OK: equally priced homes
- Talmoon, MN: higher priced homes
- Stephens, GA: equally priced homes
- Beechwood, WI: higher priced homes
- Yanceyville, VA: higher priced homes
- Seldovia, AK: higher priced homes
- Sedalia, WV: higher priced homes
- Scotland, NH: higher priced homes
- Scotland, MO: higher priced homes
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