Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the El Dorado area can be challenging. Home prices in El Dorado are now at a median cost of $111,650, lower than the Arkansas average of $160,541.
The average cost of rent is $728/mo in El Dorado, primarily driven by the current value of real estate in the El Dorado area. While nearly 52.67% of residents own their homes outright in El Dorado, 32.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in El Dorado is $4,130 per month. Households that rent pay about 17.62% of their income on rent here. El Dorado's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Sandy Land, AR: less expensive homes
- Parkers Chapel, AR: higher priced homes
- Quinn, AR: higher priced homes
- Old Union, AR: equally priced homes
- Newell, AR: higher priced homes
- Norphlet, AR: equally priced homes
- Wesson, AR: less expensive homes
- Ritchie, AR: equally priced homes
- Lisbon, AR: higher priced homes
- Smackover, AR: less expensive homes
Cities with Similar Populations
- Westchase, FL: higher priced homes
- Barranquitas, PR: equally priced homes
- Bayonet Point, FL: equally priced homes
- Belmont, MA: higher priced homes
- Belton, MO: higher priced homes
- Berea, KY: higher priced homes
- Branson, MO: higher priced homes
- West Hempstead, NY: higher priced homes
- West Whittier-Los Nietos, CA: higher priced homes
- Allendale, MI: higher priced homes
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