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These days, finding an affordable place to live in the Ferda area can be challenging. Home prices in Ferda are now at a median cost of $52,074, lower than the Arkansas average of $207,061.
The average cost of rent is $857/mo in Ferda, primarily driven by the current value of real estate in the Ferda area. In Ferda, 20.82% of households rent, and 91.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ferda is $4,347 per month. Households that rent pay about 19.72% of their income on rent here. Ferda’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gethsemane, AR: equally priced homes
- Tucker, AR: higher priced homes
- Geridge, AR: higher priced homes
- Coy, AR: higher priced homes
- England, AR: higher priced homes
- Sherrill, AR: higher priced homes
- Wright, AR: higher priced homes
- Allport, AR: higher priced homes
- Wabbaseka, AR: higher priced homes
- Humnoke, AR: higher priced homes
Cities with Similar Populations
- Porterfield, TN: higher priced homes
- Ophir, NC: higher priced homes
- Oswegatchie, NY: higher priced homes
- Ott Town, PA: higher priced homes
- Owensville, AR: higher priced homes
- Packard, IA: higher priced homes
- Paicines, CA: higher priced homes
- Palmer, KS: higher priced homes
- Park View, WV: higher priced homes
- Pond Eddy, NY: higher priced homes
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