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These days, finding an affordable place to live in the Foreman area can be challenging. Home prices in Foreman are now at a median cost of $98,862, lower than the Arkansas average of $207,061.
The average cost of rent is $794/mo in Foreman, primarily driven by the current value of real estate in the Foreman area. In Foreman, 21.88% of households rent, and 57.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Foreman is $3,959 per month. Households that rent pay about 20.06% of their income on rent here. Foreman’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lanesport, AR: equally priced homes
- Wallace, AR: equally priced homes
- Alleene, AR: higher priced homes
- Winthrop, AR: higher priced homes
- Tom, OK: higher priced homes
- Moon, OK: equally priced homes
- Shinewell, OK: equally priced homes
- Richmond, AR: higher priced homes
- Wilton, AR: higher priced homes
- Goodlake, OK: higher priced homes
Cities with Similar Populations
- Barnstable, MA: higher priced homes
- Belington, WV: equally priced homes
- Benton, MO: higher priced homes
- Branchville, SC: higher priced homes
- Bruceton, TN: higher priced homes
- Colbert, OK: higher priced homes
- Champlain, NY: higher priced homes
- Chateaugay, NY: higher priced homes
- Sebeka, MN: higher priced homes
- Sun Valley, ID: higher priced homes
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