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These days, finding an affordable place to live in the Locke area can be challenging. Home prices in Locke are now at a median cost of $158,382, lower than the Arkansas average of $207,061.
The average cost of rent is $877/mo in Locke, primarily driven by the current value of real estate in the Locke area. In Locke, 12.59% of households rent, and 57.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locke is $5,657 per month. Households that rent pay about 15.49% of their income on rent here. Locke’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whiterock, AR: less expensive homes
- Schaberg, AR: higher priced homes
- Mountainburg, AR: higher priced homes
- Mount Gaylor, AR: higher priced homes
- Mulberry, AR: equally priced homes
- Chester, AR: higher priced homes
- Jethro, AR: less expensive homes
- Cravens, AR: higher priced homes
- Cass, AR: less expensive homes
- White Oak, AR: equally priced homes
Cities with Similar Populations
- Hebron, PA: higher priced homes
- Taylorville, WV: less expensive homes
- Taylors Valley, VA: less expensive homes
- Taylor, NY: less expensive homes
- Tarnov, NE: higher priced homes
- Tarkio, MT: higher priced homes
- Tanner Crossroads, AL: higher priced homes
- Talmage, KS: higher priced homes
- Talbott, WV: higher priced homes
- Holland, MO: less expensive homes
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