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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 $297,100, higher than the Kentucky average of $219,615.
The average cost of rent is $929/mo in Little Rock, primarily driven by the current value of real estate in the Little Rock area. In Little Rock, 20.51% of households rent, and 28.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Little Rock is $6,563 per month. Households that rent pay about 14.16% of their income on rent here. Little Rock’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Middletown, KY: less expensive homes
- Sideview, KY: equally priced homes
- Jackstown, KY: less expensive homes
- Judy, KY: less expensive homes
- East Union, KY: less expensive homes
- Grassy Lick, KY: less expensive homes
- Sharpsburg, KY: less expensive homes
- Millersburg, KY: less expensive homes
- Stoops, KY: less expensive homes
- Currentsville, KY: higher priced homes
Cities with Similar Populations
- West Finley, PA: less expensive homes
- Cold Spring, TN: less expensive homes
- Coleman, GA: less expensive homes
- Combs, KY: less expensive homes
- Comins, MI: less expensive homes
- Conklin Forks, NY: less expensive homes
- Dakota, MN: equally priced homes
- West Tisbury, MA: higher priced homes
- West Rosendale, WI: less expensive homes
- Cohasset, CA: higher priced homes
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