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These days, finding an affordable place to live in the Egypt area can be challenging. Home prices in Egypt are now at a median cost of $112,050, lower than the Arkansas average of $207,061.
The average cost of rent is $886/mo in Egypt, primarily driven by the current value of real estate in the Egypt area. In Egypt, 22.17% of households rent, and 72.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Egypt is $4,315 per month. Households that rent pay about 20.53% of their income on rent here. Egypt’s most expensive areas are in the eastern 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.
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