The Most Affordable Neighborhoods in Greers Ferry, AR by Home Value

 

Greers Ferry, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Greers Ferry area can be challenging. Home prices in Greers Ferry are now at a median cost of $215,960, higher than the Arkansas average of $207,061.

The average cost of rent is $1,188/mo in Greers Ferry, primarily driven by the current value of real estate in the Greers Ferry area. In Greers Ferry, 14.90% of households rent, and 48.43% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Greers Ferry is $4,341 per month. Households that rent pay about 27.37% of their income on rent here. Greers Ferry’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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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