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These days, finding an affordable place to live in the Lake Catherine area can be challenging. Home prices in Lake Catherine are now at a median cost of $217,771, higher than the Arkansas average of $207,061.
The average cost of rent is $997/mo in Lake Catherine, primarily driven by the current value of real estate in the Lake Catherine area. In Lake Catherine, 20.77% of households rent, and 29.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Catherine is $6,371 per month. Households that rent pay about 15.66% of their income on rent here. Lake Catherine’s most expensive areas are in the central 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
- Price, AR: less expensive homes
- Jones Mills, AR: less expensive homes
- Hot Springs, AR: equally priced homes
- Magnet Cove, AR: less expensive homes
- Euclid Heights, AR: less expensive homes
- Lake Hamilton, AR: equally priced homes
- Jones Mill, AR: less expensive homes
- Rockwell, AR: higher priced homes
- Butterfield, AR: less expensive homes
- Piney, AR: less expensive homes
Cities with Similar Populations
- Purdy, VA: less expensive homes
- Murray Store, TN: less expensive homes
- Myakka Head, FL: higher priced homes
- Myrtle, MO: less expensive homes
- Naper, NE: less expensive homes
- Nashoba, OK: less expensive homes
- North Hampton, IL: higher priced homes
- North Sebago, ME: higher priced homes
- North Stratford, NH: less expensive homes
- Norwood, IA: less expensive homes
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