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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 $137,019, lower than the Mississippi average of $183,008.
The average cost of rent is $748/mo in Little Rock, primarily driven by the current value of real estate in the Little Rock area. In Little Rock, 11.69% of households rent, and 58.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Little Rock is $5,141 per month. Households that rent pay about 14.55% of their income on rent here. Little Rock’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Perdue, MS: less expensive homes
- Herbert Springs, MS: higher priced homes
- Collinsville, MS: higher priced homes
- House, MS: less expensive homes
- Schamberville, MS: higher priced homes
- Decatur, MS: equally priced homes
- Martin, MS: higher priced homes
- Stratton, MS: equally priced homes
- Union, MS: less expensive homes
- Shucktown, MS: higher priced homes
Cities with Similar Populations
- Beauty, KY: less expensive homes
- Beaver, OK: higher priced homes
- Bellefonte, AR: higher priced homes
- Blum, TX: higher priced homes
- Brailey, OH: higher priced homes
- Bremen, KY: equally priced homes
- Carolina, RI: higher priced homes
- Cairo, NE: higher priced homes
- Pickett, WI: higher priced homes
- New Lexington, AL: higher priced homes
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