
Affordable
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These days, finding an affordable place to live in the Flag area can be challenging. Home prices in Flag are now at a median cost of $134,868, lower than the Arkansas average of $207,061.
The average cost of rent is $692/mo in Flag, primarily driven by the current value of real estate in the Flag area. In Flag, 11.29% of households rent, and 63.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Flag is $3,700 per month. Households that rent pay about 18.71% of their income on rent here. Flag’s most expensive areas are in the northern 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
- Oxley, AR: less expensive homes
- Plant, AR: higher priced homes
- Harness, AR: equally priced homes
- Fox, AR: higher priced homes
- Elberta, AR: less expensive homes
- Dennard, AR: higher priced homes
- Rushing, AR: less expensive homes
- Timbo, AR: higher priced homes
- Turkey Creek, AR: higher priced homes
- Rumley, AR: higher priced homes
Cities with Similar Populations
- Northwood, FL: higher priced homes
- Portis, KS: less expensive homes
- Porter, WA: higher priced homes
- Porter, KY: higher priced homes
- Pontoosuc, IL: less expensive homes
- Pollock, MO: higher priced homes
- Novelty, MO: less expensive homes
- Norwood, MI: higher priced homes
- Norway, KS: less expensive homes
- Premier, WV: less expensive homes
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