The Most Affordable Neighborhoods in Ferda, AR by Home Value

 

Ferda, AR Map of Most Affordable Neighborhoods
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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 $62,079, lower than the Arkansas average of $160,541.

The average cost of rent is $734/mo in Ferda, primarily driven by the current value of real estate in the Ferda area. While nearly 65.62% of residents own their homes outright in Ferda, 22.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ferda is $5,068 per month. Households that rent pay about 14.47% of their income on rent here. Ferda's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.


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