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Affordable
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These days, finding an affordable place to live in the Drakes Creek area can be challenging. Home prices in Drakes Creek are now at a median cost of $174,967, lower than the Arkansas average of $207,061.
The average cost of rent is $555/mo in Drakes Creek, primarily driven by the current value of real estate in the Drakes Creek area. In Drakes Creek, 14.94% of households rent, and 53.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Drakes Creek is $4,966 per month. Households that rent pay about 11.17% of their income on rent here. Drakes Creek’s most expensive areas are in the central 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
- Huntsville, AR: higher priced homes
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- Marble, AR: equally priced homes
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- Hartwell, AR: higher priced homes
- Dryfork, AR: equally priced homes
- Weathers, AR: higher priced homes
- Witter, AR: higher priced homes
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Cities with Similar Populations
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- Polebridge, MT: higher priced homes
- Polk, TN: less expensive homes
- Port Jenkins, PA: higher priced homes
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