The Most Affordable Neighborhoods in Hickory Ridge, AR by Home Value

These days, finding an affordable place to live in the Hickory Ridge area can be challenging. Home prices in Hickory Ridge are now at a median cost of $68,179, lower than the Arkansas average of $207,061.

The average cost of rent is $786/mo in Hickory Ridge, primarily driven by the current value of real estate in the Hickory Ridge area. In Hickory Ridge, 39.89% of households rent, and 66.46% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hickory Ridge is $6,020 per month. Households that rent pay about 13.06% of their income on rent here. Hickory Ridge’s most expensive areas are in the southeastern 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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