The Most Affordable Neighborhoods in Lick Mountain, AR by Home Value

 

Lick Mountain, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lick Mountain area can be challenging. Home prices in Lick Mountain are now at a median cost of $120,400, lower than the Arkansas average of $160,541.

The average cost of rent is $671/mo in Lick Mountain, primarily driven by the current value of real estate in the Lick Mountain area. While nearly 52.58% of residents own their homes outright in Lick Mountain, 13.16% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lick Mountain is $4,751 per month. Households that rent pay about 14.12% of their income on rent here. Lick Mountain's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.


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