Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gainsboro area can be challenging. Home prices in Gainsboro are now at a median cost of $131,951, lower than the Arkansas average of $160,541.
The average cost of rent is $821/mo in Gainsboro, primarily driven by the current value of real estate in the Gainsboro area. While nearly 47.93% of residents own their homes outright in Gainsboro, 19.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gainsboro is $4,730 per month. Households that rent pay about 17.36% of their income on rent here. Gainsboro's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Sulphur Rock, AR: less expensive homes
- Charlotte, AR: equally priced homes
- Moorefield, AR: higher priced homes
- Hickory Valley, AR: equally priced homes
- Batesville, AR: less expensive homes
- Magness, AR: less expensive homes
- Salado, AR: less expensive homes
- Walnut Grove, AR: higher priced homes
- Newark, AR: less expensive homes
- Cave City, AR: less expensive homes
Cities with Similar Populations
- Shiloh, NJ: higher priced homes
- Hartleton, PA: higher priced homes
- Hemlock, IN: higher priced homes
- High Shoals, NC: less expensive homes
- Horton, IA: higher priced homes
- Howel, KY: higher priced homes
- Hunter, NY: higher priced homes
- Hustead, OH: higher priced homes
- Irene, SD: less expensive homes
- June Lake, CA: higher priced homes
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