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 $140,948, lower than the Arkansas average of $160,541.

The average cost of rent is $719/mo in Greers Ferry, primarily driven by the current value of real estate in the Greers Ferry area. While nearly 51.73% of residents own their homes outright in Greers Ferry, 25.69% rent.

Housing affordability isn’t just about home prices, though. The average household income in Greers Ferry is $4,169 per month. Households that rent pay about 17.24% 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.


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