The Most Affordable Neighborhoods in Little River, AR by Home Value

These days, finding an affordable place to live in the Little River area can be challenging. Home prices in Little River are now at a median cost of $43,400, lower than the Arkansas average of $207,061.

The average cost of rent is $642/mo in Little River, primarily driven by the current value of real estate in the Little River area. In Little River, 4.62% of households rent, and 76.34% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Little River is $2,869 per month. Households that rent pay about 22.37% of their income on rent here. Little River’s most expensive areas are in the northern 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.

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