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These days, finding an affordable place to live in the Lagrange area can be challenging. Home prices in Lagrange are now at a median cost of $39,079, lower than the Arkansas average of $207,061.
The average cost of rent is $681/mo in Lagrange, primarily driven by the current value of real estate in the Lagrange area. In Lagrange, 25.19% of households rent, and 86.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lagrange is $3,221 per month. Households that rent pay about 21.14% of their income on rent here. Lagrange’s most expensive areas are in the western 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
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Cities with Similar Populations
- Robertsville, AR: higher priced homes
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- Red Hill, GA: higher priced homes
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