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 $98,408, lower than the Mississippi average of $145,564.
The average cost of rent is $608/mo in Little Rock, primarily driven by the current value of real estate in the Little Rock area. While nearly 56.91% of residents own their homes outright in Little Rock, 17.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Little Rock is $5,111 per month. Households that rent pay about 11.89% of their income on rent here. Little Rock's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Perdue, MS: less expensive homes
- Herbert Springs, MS: higher priced homes
- Collinsville, MS: higher priced homes
- House, MS: equally priced homes
- Schamberville, MS: higher priced homes
- Decatur, MS: equally priced homes
- Martin, MS: equally priced homes
- Stratton, MS: equally priced homes
- Union, MS: equally priced homes
- Shucktown, MS: less expensive homes
Cities with Similar Populations
- Beauty, KY: less expensive homes
- Beaver, OK: less expensive homes
- Bellefonte, AR: higher priced homes
- Blum, TX: higher priced homes
- Brailey, OH: higher priced homes
- Bremen, KY: less expensive 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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