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Affordable
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These days, finding an affordable place to live in the Elm Park area can be challenging. Home prices in Elm Park are now at a median cost of $131,761, lower than the Arkansas average of $207,061.
The average cost of rent is $824/mo in Elm Park, primarily driven by the current value of real estate in the Elm Park area. In Elm Park, 14.49% of households rent, and 59.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elm Park is $4,410 per month. Households that rent pay about 18.68% of their income on rent here. Elm Park’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boothe, AR: less expensive homes
- Lucas, AR: equally priced homes
- Hon, AR: equally priced homes
- Mansfield, AR: higher priced homes
- Needmore, AR: equally priced homes
- Waldron, AR: less expensive homes
- Oliver, AR: higher priced homes
- Ione, AR: equally priced homes
- Milltown, AR: higher priced homes
- Huntington, AR: higher priced homes
Cities with Similar Populations
- Edmond, KS: less expensive homes
- Falls Mills, WV: higher priced homes
- Everett Springs, GA: higher priced homes
- Eve, MO: less expensive homes
- Eureka, WV: equally priced homes
- Espanola, FL: higher priced homes
- Erwin, AR: less expensive homes
- Erin Springs, OK: higher priced homes
- Eola, LA: less expensive homes
- Enterline, PA: higher priced homes
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