Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hamburg area can be challenging. Home prices in Hamburg are now at a median cost of $79,348, lower than the Arkansas average of $160,541.
The average cost of rent is $609/mo in Hamburg, primarily driven by the current value of real estate in the Hamburg area. While nearly 62.45% of residents own their homes outright in Hamburg, 27.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hamburg is $3,625 per month. Households that rent pay about 16.80% of their income on rent here. Hamburg's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bovine, AR: less expensive homes
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- Crossett, AR: equally priced homes
- South Crossett, AR: higher priced homes
- Snyder, AR: higher priced homes
- West Crossett, AR: equally priced homes
Cities with Similar Populations
- Bethany, MO: higher priced homes
- Lyons, KS: equally priced homes
- Elwood, IL: higher priced homes
- East Dubuque, IL: higher priced homes
- Cedar Hill, TN: higher priced homes
- Catawba, SC: higher priced homes
- Ada, MI: higher priced homes
- Warrensburg, NY: higher priced homes
- St. James City, FL: higher priced homes
- Waterbury, VT: higher priced homes
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