The Most Affordable Neighborhoods in Hoxie, AR by Home Value

 

Hoxie, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hoxie area can be challenging. Home prices in Hoxie are now at a median cost of $81,409, lower than the Arkansas average of $160,541.

The average cost of rent is $618/mo in Hoxie, primarily driven by the current value of real estate in the Hoxie area. While nearly 58.85% of residents own their homes outright in Hoxie, 37.16% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hoxie is $3,165 per month. Households that rent pay about 19.52% of their income on rent here. Hoxie's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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