The Most Affordable Neighborhoods in Lonoke County, AR by Home Value

 

Lonoke County, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lonoke County area can be challenging. Home prices in Lonoke County are now at a median cost of $160,567, higher than the Arkansas average of $160,541.

The average cost of rent is $1,013/mo in Lonoke County, primarily driven by the current value of real estate in the Lonoke County area. While nearly 32.81% of residents own their homes outright in Lonoke County, 24.88% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lonoke County is $5,923 per month. Households that rent pay about 17.10% of their income on rent here. Lonoke County's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the county.


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