The Most Affordable Neighborhoods in Evening Shade, AR by Home Value

These days, finding an affordable place to live in the Evening Shade area can be challenging. Home prices in Evening Shade are now at a median cost of $118,119, lower than the Arkansas average of $207,061.

The average cost of rent is $663/mo in Evening Shade, primarily driven by the current value of real estate in the Evening Shade area. In Evening Shade, 7.54% of households rent, and 57.44% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Evening Shade is $3,516 per month. Households that rent pay about 18.85% of their income on rent here. Evening Shade’s most expensive areas are in the southeastern 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.

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