The Most Affordable Neighborhoods in Heber Springs, AR by Home Value

 

Heber Springs, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Heber Springs area can be challenging. Home prices in Heber Springs are now at a median cost of $177,587, lower than the Arkansas average of $207,061.

The average cost of rent is $848/mo in Heber Springs, primarily driven by the current value of real estate in the Heber Springs area. In Heber Springs, 25.80% of households rent, and 53.13% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Heber Springs is $4,764 per month. Households that rent pay about 17.80% of their income on rent here. Heber Springs’s most expensive areas are in the northern regions, while the cheapest areas are in the central 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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