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Affordable
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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 $92,183, lower than the Arkansas average of $207,061.
The average cost of rent is $418/mo in Gin City, primarily driven by the current value of real estate in the Gin City area. In Gin City, 18.23% of households rent, and 69.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gin City is $4,165 per month. Households that rent pay about 10.04% of their income on rent here. Gin City’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bradley, AR: equally priced homes
- Walnut Hill, AR: equally priced homes
- Kizer, AR: less expensive homes
- Canale, AR: equally priced homes
- Canfield, AR: less expensive homes
- Ferguson Crossroads, AR: less expensive homes
- Fort Lynn, AR: less expensive homes
- State Line, AR: equally priced homes
- Missionary, LA: higher priced homes
- Taylor, AR: higher priced homes
Cities with Similar Populations
- Gray Rock, AR: higher priced homes
- Soperton, WI: higher priced homes
- Somerset, IL: higher priced homes
- Slovak, AR: higher priced homes
- Sloan, NV: higher priced homes
- Siddonsville, AL: less expensive homes
- Hamilton Meadows, OH: higher priced homes
- Hamilton Dome, WY: higher priced homes
- Hale, IA: higher priced homes
- Guardian, WV: equally priced homes
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