Expensive
Affordable
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These days, finding an affordable place to live in the Erwin area can be challenging. Home prices in Erwin are now at a median cost of $66,870, lower than the Arkansas average of $207,061.
The average cost of rent is $572/mo in Erwin, primarily driven by the current value of real estate in the Erwin area. In Erwin, 21.72% of households rent, and 66.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Erwin is $3,758 per month. Households that rent pay about 15.23% of their income on rent here. Erwin’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
- Des Arc, AR: higher priced homes
- Plunketts, AR: less expensive homes
- Sand Hill, AR: less expensive homes
- Little Dixie, AR: less expensive homes
- Maberry, AR: less expensive homes
- Biscoe, AR: higher priced homes
- Brasfield, AR: less expensive homes
- Hickory Plains, AR: higher priced homes
- Fredonia, AR: higher priced homes
- Cotton Plant, AR: equally priced homes
Cities with Similar Populations
- Sulphur Bluff, TX: higher priced homes
- Colonial Acres, MD: higher priced homes
- Coolidge, KS: higher priced homes
- Cortelyou, AL: higher priced homes
- Sterling, ID: higher priced homes
- Stoddard, UT: higher priced homes
- Stoverville, AR: higher priced homes
- Stow, NY: higher priced homes
- Strawbridge, PA: higher priced homes
- Stringtown, KY: higher priced homes
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