The Most Affordable Neighborhoods in Cord, AR by Home Value

 

Cord, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cord area can be challenging. Home prices in Cord are now at a median cost of $164,441, higher than the Arkansas average of $160,541.

The average cost of rent is $726/mo in Cord, primarily driven by the current value of real estate in the Cord area. While nearly 70.28% of residents own their homes outright in Cord, 29.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cord is $3,158 per month. Households that rent pay about 22.98% of their income on rent here. Cord's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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