The Most Affordable Neighborhoods in Jones Mill, AR by Home Value

 

Jones Mill, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jones Mill area can be challenging. Home prices in Jones Mill are now at a median cost of $103,737, lower than the Arkansas average of $160,541.

The average cost of rent is $641/mo in Jones Mill, primarily driven by the current value of real estate in the Jones Mill area. While nearly 44.73% of residents own their homes outright in Jones Mill, 8.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jones Mill is $5,281 per month. Households that rent pay about 12.13% of their income on rent here. Jones Mill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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