Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Light area can be challenging. Home prices in Light are now at a median cost of $149,581, lower than the Arkansas average of $160,541.
The average cost of rent is $574/mo in Light, primarily driven by the current value of real estate in the Light area. While nearly 61.95% of residents own their homes outright in Light, 4.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Light is $6,425 per month. Households that rent pay about 8.93% of their income on rent here. Light's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Faulknerville, AR: higher priced homes
- Walnut Corner, AR: less expensive homes
- Walcott, AR: equally priced homes
- Beech Grove, AR: higher priced homes
- Stanford, AR: higher priced homes
- O'Kean, AR: less expensive homes
- Herndon, AR: higher priced homes
- Finch, AR: higher priced homes
- Evening Star, AR: less expensive homes
- Sedgwick, AR: less expensive homes
Cities with Similar Populations
- Otter Creek, NY: less expensive homes
- Nevin, KY: higher priced homes
- New Hope, OH: equally priced homes
- New, KY: equally priced homes
- New Lebanon, MO: less expensive homes
- New Lenox, MA: higher priced homes
- New Trenton, IN: higher priced homes
- Newburg, AR: less expensive homes
- Niulii, HI: higher priced homes
- Norfolk, CO: higher priced homes
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