Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Little Rock area can be challenging. Home prices in Little Rock are now at a median cost of $195,611, higher than the Arkansas average of $160,541.
The average cost of rent is $968/mo in Little Rock, primarily driven by the current value of real estate in the Little Rock area. While nearly 38.40% of residents own their homes outright in Little Rock, 32.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Little Rock is $5,952 per month. Households that rent pay about 16.26% of their income on rent here. Little Rock's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Cammack Village, AR: higher priced homes
- Sweet Home, AR: less expensive homes
- North Little Rock, AR: less expensive homes
- Shannon Hills, AR: less expensive homes
- College Station, AR: less expensive homes
- Maumelle, AR: higher priced homes
- Mabelvale, AR: less expensive homes
- Alexander, AR: equally priced homes
- Rose City, AR: less expensive homes
- Pinnacle, AR: higher priced homes
Cities with Similar Populations
- Winter Haven, FL: less expensive homes
- Winston-Salem, NC: less expensive homes
- Wilmington, DE: higher priced homes
- Wilmington, NC: higher priced homes
- Waco, TX: less expensive homes
- Visalia, CA: higher priced homes
- Ventura, CA: higher priced homes
- Wake Forest, NC: higher priced homes
- Watsonville, CA: higher priced homes
- Warwick, RI: higher priced homes
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