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These days, finding an affordable place to live in the Genoa area can be challenging. Home prices in Genoa are now at a median cost of $197,811, lower than the Arkansas average of $207,061.
The average cost of rent is $850/mo in Genoa, primarily driven by the current value of real estate in the Genoa area. In Genoa, 15.57% of households rent, and 58.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Genoa is $7,013 per month. Households that rent pay about 12.12% of their income on rent here. Genoa’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
- Fouke, AR: less expensive homes
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- Hervey, AR: less expensive homes
- Rocky Mound, AR: less expensive homes
- Lewisville, AR: less expensive homes
- Texarkana, TX: equally priced homes
- Domino, TX: higher priced homes
Cities with Similar Populations
- DeSmet, MO: equally priced homes
- Ulah, IL: less expensive homes
- Tyre, NY: less expensive homes
- Twin Groves, AR: higher priced homes
- Tupelo, OK: less expensive homes
- Trist, MI: higher priced homes
- Treadway, TN: less expensive homes
- Tivoli, TX: less expensive homes
- Timberlake, TN: less expensive homes
- Timbercreek Canyon, TX: higher priced homes
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