The Most Affordable Neighborhoods in Lafe, AR by Home Value

 

Lafe, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lafe area can be challenging. Home prices in Lafe are now at a median cost of $100,594, lower than the Arkansas average of $160,541.

The average cost of rent is $771/mo in Lafe, primarily driven by the current value of real estate in the Lafe area. While nearly 57.63% of residents own their homes outright in Lafe, 13.33% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lafe is $4,288 per month. Households that rent pay about 17.99% of their income on rent here. Lafe's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.


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