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Affordable
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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $129,885, lower than the Arkansas average of $207,061.
The average cost of rent is $684/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 28.46% of households rent, and 43.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $3,731 per month. Households that rent pay about 18.34% of their income on rent here. Hamilton’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Seaton, AR: equally priced homes
- Slovak, AR: equally priced homes
- Humnoke, AR: less expensive homes
- Allport, AR: less expensive homes
- Brummitt, AR: equally priced homes
- Carlisle, AR: higher priced homes
- Blakemore, AR: equally priced homes
- Coy, AR: less expensive homes
- Pettus, AR: higher priced homes
- Hazen, AR: equally priced homes
Cities with Similar Populations
- West Warren, UT: higher priced homes
- Banner, IL: equally priced homes
- Barley, VA: equally priced homes
- Bashi, AL: less expensive homes
- Baxter, MS: equally priced homes
- Waves, NC: higher priced homes
- Webber, KS: less expensive homes
- West Exeter, NY: higher priced homes
- West Salisbury, VT: higher priced homes
- Alder, MT: higher priced homes
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