
Home Price Key
These days, finding an affordable place to live in the Lake Hamilton area can be challenging. Home prices in Lake Hamilton are now at a median cost of $216,395, higher than the Arkansas average of $160,541.
The average cost of rent is $704/mo in Lake Hamilton, primarily driven by the current value of real estate in the Lake Hamilton area. While nearly 51.96% of residents own their homes outright in Lake Hamilton, 11.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Hamilton is $4,955 per month. Households that rent pay about 14.21% of their income on rent here. Lake Hamilton's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Pettyview, AR: less expensive homes
- Rockwell, AR: equally priced homes
- Hot Springs, AR: less expensive homes
- Bismarck, AR: less expensive homes
- Pearcy, AR: equally priced homes
- Lambert, AR: less expensive homes
- Caney, AR: less expensive homes
- Saginaw, AR: less expensive homes
- Lake Catherine, AR: equally priced homes
- Social Hill, AR: less expensive homes
Cities with Similar Populations
- Nicholsville, AL: less expensive homes
- North Danville, VT: equally priced homes
- North Bush, NY: less expensive homes
- North Blenheim, NY: less expensive homes
- North Avondale, CO: less expensive homes
- North Auburn, OH: less expensive homes
- Nirvana, MI: less expensive homes
- Ninole, HI: higher priced homes
- Nicut, WV: less expensive homes
- North Prairie, TX: less expensive homes
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