Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Leonard area can be challenging. Home prices in Leonard are now at a median cost of $90,022, lower than the Arkansas average of $207,061.
The average cost of rent is $810/mo in Leonard, primarily driven by the current value of real estate in the Leonard area. In Leonard, 16.18% of households rent, and 70.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leonard is $3,584 per month. Households that rent pay about 22.59% of their income on rent here. Leonard’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rector, AR: equally priced homes
- Octa, MO: higher priced homes
- Greenway, AR: less expensive homes
- Senath, MO: higher priced homes
- Marmaduke, AR: higher priced homes
- Brighton, AR: higher priced homes
- Boydsville, AR: higher priced homes
- Nimmons, AR: less expensive homes
- Scobeville, MO: higher priced homes
- Piggott, AR: higher priced homes
Cities with Similar Populations
- Seward, OH: higher priced homes
- Lillydale, WV: higher priced homes
- Linn, WV: higher priced homes
- Linton, WI: higher priced homes
- Lis, IL: higher priced homes
- Lisle, MO: higher priced homes
- Marlborough, MI: higher priced homes
- Rushmore, OH: higher priced homes
- Saddle, AR: higher priced homes
- Saundersville, RI: higher priced homes
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