The Most Affordable Neighborhoods in Fairfield Bay, AR by Home Value

 

Fairfield Bay, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fairfield Bay area can be challenging. Home prices in Fairfield Bay are now at a median cost of $162,110, lower than the Arkansas average of $207,061.

The average cost of rent is $1,019/mo in Fairfield Bay, primarily driven by the current value of real estate in the Fairfield Bay area. In Fairfield Bay, 12.68% of households rent, and 63.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fairfield Bay is $4,618 per month. Households that rent pay about 22.07% of their income on rent here. Fairfield Bay’s most expensive areas are in the eastern 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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