Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gallatin area can be challenging. Home prices in Gallatin are now at a median cost of $279,100, higher than the Arkansas average of $160,541.
The average cost of rent is $1,041/mo in Gallatin, primarily driven by the current value of real estate in the Gallatin area. While nearly 62.08% of residents own their homes outright in Gallatin, 3.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gallatin is $5,842 per month. Households that rent pay about 17.82% of their income on rent here. Gallatin's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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