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These days, finding an affordable place to live in the Fair Oaks area can be challenging. Home prices in Fair Oaks are now at a median cost of $85,900, lower than the Arkansas average of $207,061.
The average cost of rent is $832/mo in Fair Oaks, primarily driven by the current value of real estate in the Fair Oaks area. In Fair Oaks, 14.30% of households rent, and 59.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fair Oaks is $11,222 per month. Households that rent pay about 7.42% of their income on rent here. Fair Oaks’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tilton, AR: less expensive homes
- Penrose, AR: less expensive homes
- Morton, AR: less expensive homes
- Hickory Ridge, AR: less expensive homes
- Pumpkin Bend, AR: higher priced homes
- Wynne, AR: higher priced homes
- Hillemann, AR: less expensive homes
- Colt, AR: higher priced homes
- McCrory, AR: equally priced homes
- Meadow Cliff, AR: higher priced homes
Cities with Similar Populations
- Bard, CA: equally priced homes
- Riverside Park, NE: higher priced homes
- Benbow, CA: higher priced homes
- Bellfountain, OR: higher priced homes
- Zell, SD: higher priced homes
- Rocky Springs, MS: less expensive homes
- Satterfield, PA: higher priced homes
- Sardis, OK: higher priced homes
- Batesville, AL: higher priced homes
- Barnard, SD: higher priced homes
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