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Affordable
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These days, finding an affordable place to live in the Drasco area can be challenging. Home prices in Drasco are now at a median cost of $145,065, lower than the Arkansas average of $207,061.
The average cost of rent is $944/mo in Drasco, primarily driven by the current value of real estate in the Drasco area. In Drasco, 18.22% of households rent, and 60.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Drasco is $4,480 per month. Households that rent pay about 21.08% of their income on rent here. Drasco’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodrow, AR: less expensive homes
- Ida, AR: equally priced homes
- Prim, AR: higher priced homes
- Concord, AR: less expensive homes
- Tumbling Shoals, AR: higher priced homes
- Melrose, AR: less expensive homes
- Luber, AR: higher priced homes
- Edgemont, AR: higher priced homes
- Marcella, AR: less expensive homes
- Parma, AR: higher priced homes
Cities with Similar Populations
- Babbitt, MN: higher priced homes
- Gridley, IL: higher priced homes
- Birnamwood, WI: higher priced homes
- Blue Ridge Summit, PA: higher priced homes
- Browns Valley, CA: higher priced homes
- Buras, LA: less expensive homes
- Cambria, IL: higher priced homes
- Cape Fair, MO: higher priced homes
- Choteau, MT: higher priced homes
- Croghan, NY: higher priced homes
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