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Affordable
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These days, finding an affordable place to live in the Horatio area can be challenging. Home prices in Horatio are now at a median cost of $134,095, lower than the Arkansas average of $207,061.
The average cost of rent is $638/mo in Horatio, primarily driven by the current value of real estate in the Horatio area. In Horatio, 22.02% of households rent, and 49.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Horatio is $3,807 per month. Households that rent pay about 16.75% of their income on rent here. Horatio’s most expensive areas are in the eastern 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.
Nearby Cities
- Neal Springs, AR: equally priced homes
- Walnut Springs, AR: higher priced homes
- Williamson, AR: higher priced homes
- Process City, AR: equally priced homes
- Stringtown, AR: higher priced homes
- Winthrop, AR: less expensive homes
- West Otis, AR: higher priced homes
- Geneva, AR: less expensive homes
- DeQueen, AR: less expensive homes
- Chapel Hill, AR: higher priced homes
Cities with Similar Populations
- Wellsville, MO: higher priced homes
- Cranesville, PA: higher priced homes
- Craryville, NY: higher priced homes
- DePew, OK: higher priced homes
- Diamond, OH: higher priced homes
- Dierks, AR: less expensive homes
- Dravosburg, PA: less expensive homes
- Upper Greenwood Lake, NJ: higher priced homes
- Verbank, NY: higher priced homes
- Waldo, WI: higher priced homes
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