The Most Affordable Neighborhoods in Fourmile Hill, AR by Home Value

These days, finding an affordable place to live in the Fourmile Hill area can be challenging. Home prices in Fourmile Hill are now at a median cost of $116,449, lower than the Arkansas average of $207,061.

The average cost of rent is $941/mo in Fourmile Hill, primarily driven by the current value of real estate in the Fourmile Hill area. In Fourmile Hill, 33.77% of households rent, and 57.61% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fourmile Hill is $3,019 per month. Households that rent pay about 31.17% of their income on rent here. Fourmile Hill’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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