Home Price Key
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These days, finding an affordable place to live in the London area can be challenging. Home prices in London are now at a median cost of $149,040, lower than the Arkansas average of $160,541.
The average cost of rent is $764/mo in London, primarily driven by the current value of real estate in the London area. While nearly 56.07% of residents own their homes outright in London, 13.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in London is $5,013 per month. Households that rent pay about 15.24% of their income on rent here. London's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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