Affordable
Expensive
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These days, finding an affordable place to live in the Hempstead County area can be challenging. Home prices in Hempstead County are now at a median cost of $123,189, lower than the Arkansas average of $207,061.
The average cost of rent is $772/mo in Hempstead County, primarily driven by the current value of real estate in the Hempstead County area. In Hempstead County, 28.25% of households rent, and 59.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hempstead County is $4,314 per month. Households that rent pay about 17.90% of their income on rent here. Hempstead County’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Nevada County, AR: less expensive homes
- Little River County, AR: equally priced homes
- Ouachita County, AR: equally priced homes
- Calhoun County, AR: equally priced homes
- Red River County, TX: higher priced homes
- Bradley County, AR: less expensive homes
- Drew County, AR: higher priced homes
- Lamar County, TX: higher priced homes
- Desha County, AR: less expensive homes
- Fannin County, TX: higher priced homes
Counties with Similar Populations
- Newton County, MS: less expensive homes
- Mingo County, WV: less expensive homes
- Minidoka County, ID: higher priced homes
- Monroe County, GA: higher priced homes
- Montezuma County, CO: higher priced homes
- Montgomery County, IL: equally priced homes
- Montgomery County, KY: higher priced homes
- Montgomery County, NC: higher priced homes
- Morehouse Parish, LA: equally priced homes
- Morgan County, CO: higher priced homes
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