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These days, finding an affordable place to live in the Downtown Little Rock area can be challenging. Home prices in Downtown Little Rock are now at a median cost of $235,909, higher than the Little Rock average of $228,559.
The average cost of rent is $1,011/mo in Downtown Little Rock, primarily driven by the current value of real estate in the Downtown Little Rock area. In Downtown Little Rock, 65.28% of households rent, and 35.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Little Rock is $5,068 per month. Households that rent pay about 19.94% of their income on rent here. Downtown Little Rock’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- South End, Little Rock, AR: less expensive homes
- Stephens, Little Rock, AR: less expensive homes
- Hillcrest, Little Rock, AR: higher priced homes
- Oak Forest, Little Rock, AR: less expensive homes
- Heights, Little Rock, AR: higher priced homes
- Boyle Park, Little Rock, AR: less expensive homes
- Wakefield, Little Rock, AR: less expensive homes
- Briarwood, Little Rock, AR: less expensive homes
- Midtown, Little Rock, AR: higher priced homes
- Upper Baseline, Little Rock, AR: less expensive homes
Neighborhoods with Similar Populations
- Belmont, Lincoln, NE: less expensive homes
- North Omaha, Omaha, NE: less expensive homes
- Old Mountain View, Mountain View, CA: higher priced homes
- Bayless Atkins, Lubbock, TX: less expensive homes
- Ukrainian Village, Parma, OH: less expensive homes
- Walnut Grove - Shelby Farms PD, Germantown, TN: higher priced homes
- West Phoenix, Phoenix, AZ: equally priced homes
- Arlington Manor, Jacksonville, FL: higher priced homes
- Kingsborough Ridge, San Antonio, TX: less expensive homes
- South Burlington North, South Burlington, VT: higher priced homes
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