Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lamar area can be challenging. Home prices in Lamar are now at a median cost of $101,689, lower than the Arkansas average of $160,541.
The average cost of rent is $661/mo in Lamar, primarily driven by the current value of real estate in the Lamar area. While nearly 51.79% of residents own their homes outright in Lamar, 16.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lamar is $3,433 per month. Households that rent pay about 19.25% of their income on rent here. Lamar's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Jamestown, AR: equally priced homes
- Holman, AR: equally priced homes
- Hickeytown, AR: equally priced homes
- Knoxville, AR: less expensive homes
- Ludwig, AR: higher priced homes
- Clarksville, AR: higher priced homes
- Spadra, AR: higher priced homes
- Ross, AR: higher priced homes
- Hagarville, AR: equally priced homes
- Dublin, AR: higher priced homes
Cities with Similar Populations
- Belews Creek, NC: higher priced homes
- Woodville, FL: higher priced homes
- Ashby, MA: higher priced homes
- West Union, IA: higher priced homes
- Walker, MN: higher priced homes
- Sutter, CA: higher priced homes
- Spry, PA: higher priced homes
- Roland, AR: higher priced homes
- Richland, MO: higher priced homes
- Hemlock, MI: higher priced homes
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