
Affordable
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These days, finding an affordable place to live in the Gateway area can be challenging. Home prices in Gateway are now at a median cost of $242,773, higher than the Arkansas average of $207,061.
The average cost of rent is $870/mo in Gateway, primarily driven by the current value of real estate in the Gateway area. In Gateway, 12.11% of households rent, and 51.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gateway is $4,943 per month. Households that rent pay about 17.60% of their income on rent here. Gateway’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Garfield, AR: equally priced homes
- Seligman, MO: less expensive homes
- Beaver, AR: higher priced homes
- Avoca, AR: higher priced homes
- Holiday Island, AR: less expensive homes
- Eureka Springs, AR: equally priced homes
- Larue, AR: equally priced homes
- Eagle Rock, MO: less expensive homes
- Wayne, MO: less expensive homes
- Pea Ridge, AR: higher priced homes
Cities with Similar Populations
- Towner, ND: less expensive homes
- Brashear, MO: less expensive homes
- Brewster, MN: less expensive homes
- Brixham, ME: higher priced homes
- Broadway, TN: less expensive homes
- Brosville, VA: less expensive homes
- Brownsville, MS: higher priced homes
- Buffalo Valley, TN: equally priced homes
- Whitesville, NY: less expensive homes
- Alfred Station, NY: less expensive homes
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