Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Free Hope area can be challenging. Home prices in Free Hope are now at a median cost of $182,687, higher than the Arkansas average of $160,541.
The average cost of rent is $694/mo in Free Hope, primarily driven by the current value of real estate in the Free Hope area. While nearly 55.25% of residents own their homes outright in Free Hope, 28.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Free Hope is $3,588 per month. Households that rent pay about 19.35% of their income on rent here. Free Hope's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Magnolia, AR: less expensive homes
- Lydesdale, AR: less expensive homes
- McNeil, AR: less expensive homes
- Partee, AR: less expensive homes
- Ebenezer, AR: less expensive homes
- Kerlin, AR: less expensive homes
- Waldo, AR: less expensive homes
- Dodson, AR: less expensive homes
- Spotville, AR: less expensive homes
- Brister, AR: less expensive homes
Cities with Similar Populations
- Etna, KY: less expensive homes
- Dutton, MT: equally priced homes
- Dwight, KS: less expensive homes
- East Andover, NH: higher priced homes
- Woodford, WI: higher priced homes
- Woodburn, IA: equally priced homes
- East Claridon, OH: higher priced homes
- Winway, KS: less expensive homes
- East Ryegate, VT: equally priced homes
- Wingate, IN: less expensive homes
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