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These days, finding an affordable place to live in the Lowell area can be challenging. Home prices in Lowell are now at a median cost of $309,202, higher than the Arkansas average of $207,061.
The average cost of rent is $1,379/mo in Lowell, primarily driven by the current value of real estate in the Lowell area. In Lowell, 26.67% of households rent, and 28.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lowell is $8,178 per month. Households that rent pay about 16.86% of their income on rent here. Lowell’s most expensive areas are in the northwestern 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
- Bethel Heights, AR: equally priced homes
- Rogers, AR: higher priced homes
- Cave Springs, AR: higher priced homes
- Springdale, AR: less expensive homes
- Elm Springs, AR: higher priced homes
- Clifty, AR: less expensive homes
- Johnson, AR: equally priced homes
- Tontitown, AR: higher priced homes
- Little Flock, AR: higher priced homes
- Bentonville, AR: higher priced homes
Cities with Similar Populations
- Fortuna, CA: higher priced homes
- Flint, TX: equally priced homes
- Florence, OR: higher priced homes
- Florham Park, NJ: higher priced homes
- Florida, PR: less expensive homes
- Floyds Knobs, IN: higher priced homes
- Fords, NJ: higher priced homes
- Forest Hill, TX: less expensive homes
- Forestville, MD: higher priced homes
- Foristell, MO: higher priced homes
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