Home Price Key
Affordable
Average
Expensive
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 $85,257, lower than the Arkansas average of $160,541.
The average cost of rent is $574/mo in Erwin, primarily driven by the current value of real estate in the Erwin area. While nearly 68.98% of residents own their homes outright in Erwin, 24.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Erwin is $3,134 per month. Households that rent pay about 18.31% of their income on rent here. Erwin's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Des Arc, AR: equally priced homes
- Plunketts, AR: higher priced homes
- Sand Hill, AR: higher priced homes
- Little Dixie, AR: higher priced homes
- Maberry, AR: less expensive homes
- Biscoe, AR: less expensive homes
- Brasfield, AR: equally priced homes
- Hickory Plains, AR: higher priced homes
- Fredonia, AR: less expensive homes
- Cotton Plant, AR: less expensive homes
Cities with Similar Populations
- Sulphur Bluff, TX: higher priced homes
- Colonial Acres, MD: higher priced homes
- Coolidge, KS: equally 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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