The Most Affordable Neighborhoods in Gravelly, AR by Home Value

These days, finding an affordable place to live in the Gravelly area can be challenging. Home prices in Gravelly are now at a median cost of $111,314, lower than the Arkansas average of $207,061.

The average cost of rent is $621/mo in Gravelly, primarily driven by the current value of real estate in the Gravelly area. In Gravelly, 26.59% of households rent, and 66.71% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gravelly is $5,317 per month. Households that rent pay about 11.68% of their income on rent here. Gravelly’s most expensive areas are in the eastern 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.

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