The Most Affordable Neighborhoods in Lafayette County, AR by Home Value

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These days, finding an affordable place to live in the Lafayette County area can be challenging. Home prices in Lafayette County are now at a median cost of $56,890, lower than the Arkansas average of $160,541.

The average cost of rent is $472/mo in Lafayette County, primarily driven by the current value of real estate in the Lafayette County area. While nearly 67.72% of residents own their homes outright in Lafayette County, 22.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lafayette County is $3,398 per month. Households that rent pay about 13.88% of their income on rent here. Lafayette County's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the county.

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