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Affordable
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These days, finding an affordable place to live in the Locust Bayou area can be challenging. Home prices in Locust Bayou are now at a median cost of $109,000, lower than the Arkansas average of $207,061.
The average cost of rent is $747/mo in Locust Bayou, primarily driven by the current value of real estate in the Locust Bayou area. In Locust Bayou, 6.67% of households rent, and 79.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locust Bayou is $5,669 per month. Households that rent pay about 13.18% of their income on rent here. Locust Bayou’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
- Lakeside, AR: higher priced homes
- East Camden, AR: equally priced homes
- Cullendale, AR: equally priced homes
- Woodberry, AR: higher priced homes
- Camden, AR: higher priced homes
- Harmony Grove, AR: higher priced homes
- Hampton, AR: equally priced homes
- Snow Hill, AR: less expensive homes
- Kent, AR: higher priced homes
- Louann, AR: less expensive homes
Cities with Similar Populations
- Hader, MN: higher priced homes
- Swinton, MO: higher priced homes
- Sweetland, CA: higher priced homes
- Suver, OR: higher priced homes
- Highlandtown, OH: higher priced homes
- Hartford, MO: equally priced homes
- Harrisville, IN: higher priced homes
- Harpersfield, OH: higher priced homes
- Harmony Grove, AR: higher priced homes
- Hargis, LA: less expensive homes
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