The Most Affordable Neighborhoods in Fifty-Six, AR by Home Value

 

Fifty-Six, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fifty-Six area can be challenging. Home prices in Fifty-Six are now at a median cost of $132,720, lower than the Arkansas average of $207,061.

The average cost of rent is $631/mo in Fifty-Six, primarily driven by the current value of real estate in the Fifty-Six area. In Fifty-Six, 23.95% of households rent, and 85.80% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fifty-Six is $3,760 per month. Households that rent pay about 16.78% of their income on rent here. Fifty-Six’s most expensive areas are in the southwestern 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.


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