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These days, finding an affordable place to live in the Lambert area can be challenging. Home prices in Lambert are now at a median cost of $198,181, lower than the Arkansas average of $207,061.
The average cost of rent is $742/mo in Lambert, primarily driven by the current value of real estate in the Lambert area. In Lambert, 12.89% of households rent, and 44.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lambert is $4,844 per month. Households that rent pay about 15.32% of their income on rent here. Lambert’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bismarck, AR: equally priced homes
- Pettyview, AR: equally priced homes
- Caney, AR: equally priced homes
- Lake Hamilton, AR: higher priced homes
- Pearcy, AR: higher priced homes
- Bonnerdale, AR: less expensive homes
- Fendley, AR: less expensive homes
- Point Cedar, AR: less expensive homes
- Rockwell, AR: higher priced homes
- Saginaw, AR: equally priced homes
Cities with Similar Populations
- Ruma, IL: less expensive homes
- High Plains, KY: less expensive homes
- Highland, TN: less expensive homes
- Hitchins, KY: less expensive homes
- Hodgesville, WV: less expensive homes
- Iberia, OH: equally priced homes
- Johnson, NE: equally priced homes
- Joy, IL: less expensive homes
- Kibbie, MI: equally priced homes
- La Prairie, MN: higher priced homes
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