Home Price Key
Affordable
Average
Expensive
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 $123,523, lower than the Arkansas average of $160,541.
The average cost of rent is $533/mo in Drakes Creek, primarily driven by the current value of real estate in the Drakes Creek area. While nearly 40.90% of residents own their homes outright in Drakes Creek, 8.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Drakes Creek is $2,713 per month. Households that rent pay about 19.64% of their income on rent here. Drakes Creek's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
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Cities with Similar Populations
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