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These days, finding an affordable place to live in the Decatur area can be challenging. Home prices in Decatur are now at a median cost of $244,634, higher than the Arkansas average of $207,061.
The average cost of rent is $948/mo in Decatur, primarily driven by the current value of real estate in the Decatur area. In Decatur, 33.28% of households rent, and 50.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Decatur is $6,137 per month. Households that rent pay about 15.44% of their income on rent here. Decatur’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gravette, AR: higher priced homes
- Gentry, AR: equally priced homes
- Mason Valley, AR: higher priced homes
- Springtown, AR: equally priced homes
- Highfill, AR: higher priced homes
- Maysville, AR: higher priced homes
- Gallatin, AR: higher priced homes
- Hiwasse, AR: higher priced homes
- Centerton, AR: higher priced homes
- Sulphur Springs, AR: higher priced homes
Cities with Similar Populations
- Accord, NY: higher priced homes
- Parchman, MS: less expensive homes
- Thorsby, AL: less expensive homes
- Volga, SD: equally priced homes
- Goode, VA: higher priced homes
- Waterloo, IN: less expensive homes
- East Newark, NJ: higher priced homes
- Danielsville, PA: higher priced homes
- Cumberland Gap, TN: less expensive homes
- Cascade, IA: equally priced homes
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