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Affordable
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These days, finding an affordable place to live in the Herpel area can be challenging. Home prices in Herpel are now at a median cost of $182,034, lower than the Arkansas average of $207,061.
The average cost of rent is $697/mo in Herpel, primarily driven by the current value of real estate in the Herpel area. In Herpel, 28.90% of households rent, and 44.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Herpel is $4,144 per month. Households that rent pay about 16.82% of their income on rent here. Herpel’s most expensive areas are in the northeastern 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
- Twin Creek, AR: equally priced homes
- Allison, AR: equally priced homes
- Mountain View, AR: equally priced homes
- Guion, AR: equally priced homes
- St. James, AR: less expensive homes
- Sylamore, AR: equally priced homes
- Gayler, AR: less expensive homes
- Lunenburg, AR: equally priced homes
- West Richwoods, AR: higher priced homes
- Fifty-Six, AR: less expensive homes
Cities with Similar Populations
- Blues Old Stand, AL: less expensive homes
- Sonnette, MT: equally priced homes
- Sloan, NC: less expensive homes
- Yuba, OK: equally priced homes
- Buckhorn, OH: higher priced homes
- Brisbon, GA: higher priced homes
- Bridgeport, OR: higher priced homes
- Branson, CO: higher priced homes
- Brandeis, CA: higher priced homes
- Brainardsville, NY: higher priced homes
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