The Most Affordable Neighborhoods in Cotton Town, AR by Home Value

 

Cotton Town, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cotton Town area can be challenging. Home prices in Cotton Town are now at a median cost of $121,694, lower than the Arkansas average of $207,061.

The average cost of rent is $555/mo in Cotton Town, primarily driven by the current value of real estate in the Cotton Town area. In Cotton Town, 34.76% of households rent, and 30.65% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cotton Town is $3,773 per month. Households that rent pay about 14.72% of their income on rent here. Cotton Town’s most expensive areas are in the central 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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