The Most Affordable Neighborhoods in Gin City, AR by Home Value

 

Gin City, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gin City area can be challenging. Home prices in Gin City are now at a median cost of $49,130, lower than the Arkansas average of $160,541.

The average cost of rent is $400/mo in Gin City, primarily driven by the current value of real estate in the Gin City area. While nearly 80.51% of residents own their homes outright in Gin City, 18.10% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gin City is $2,759 per month. Households that rent pay about 14.50% of their income on rent here. Gin City's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.


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