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These days, finding an affordable place to live in the Lexa area can be challenging. Home prices in Lexa are now at a median cost of $105,213, lower than the Arkansas average of $207,061.
The average cost of rent is $988/mo in Lexa, primarily driven by the current value of real estate in the Lexa area. In Lexa, 39.66% of households rent, and 60.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lexa is $4,589 per month. Households that rent pay about 21.53% of their income on rent here. Lexa’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
- Barton, AR: equally priced homes
- West Helena, AR: less expensive homes
- Southland, AR: less expensive homes
- Poplar Grove, AR: less expensive homes
- Helena-West Helena, AR: less expensive homes
- Rondo, AR: less expensive homes
- Helena, AR: higher priced homes
- Trenton, AR: less expensive homes
- Helena Crossing, AR: higher priced homes
- Vineyard, AR: less expensive homes
Cities with Similar Populations
- Aurora, NY: higher priced homes
- Woodlawn, TX: higher priced homes
- Washington, KS: higher priced homes
- Vici, OK: higher priced homes
- Townsend Harbor, MA: higher priced homes
- Stafford, CT: higher priced homes
- Southwest City, MO: equally priced homes
- Snyder, OK: equally priced homes
- Liberty, WV: higher priced homes
- Castor, LA: equally priced homes
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