Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Village area can be challenging. Home prices in Lake Village are now at a median cost of $113,155, lower than the Arkansas average of $160,541.
The average cost of rent is $705/mo in Lake Village, primarily driven by the current value of real estate in the Lake Village area. While nearly 56.65% of residents own their homes outright in Lake Village, 18.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Village is $5,231 per month. Households that rent pay about 13.47% of their income on rent here. Lake Village's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Red Leaf, AR: equally priced homes
- Luna, AR: equally priced homes
- Macon Lake, AR: less expensive homes
- Shives, AR: equally priced homes
- Refuge, MS: higher priced homes
- Montrose, AR: less expensive homes
- Swiftwater, MS: higher priced homes
- Bellaire, AR: less expensive homes
- Portland, AR: less expensive homes
- Greenville, MS: equally priced homes
Cities with Similar Populations
- Benton, PA: higher priced homes
- Winner, SD: equally priced homes
- Thomaston, ME: higher priced homes
- Section, AL: less expensive homes
- Scotland Neck, NC: less expensive homes
- Paonia, CO: higher priced homes
- Harriman, NY: higher priced homes
- Harbor, OR: higher priced homes
- Fort Recovery, OH: higher priced homes
- Bainbridge, OH: higher priced homes
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