Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Guernsey area can be challenging. Home prices in Guernsey are now at a median cost of $153,969, lower than the Arkansas average of $160,541.
The average cost of rent is $654/mo in Guernsey, primarily driven by the current value of real estate in the Guernsey area. While nearly 54.08% of residents own their homes outright in Guernsey, 13.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Guernsey is $4,391 per month. Households that rent pay about 14.89% of their income on rent here. Guernsey's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
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