
Home Price Key
These days, finding an affordable place to live in the Lunenburg area can be challenging. Home prices in Lunenburg are now at a median cost of $108,978, lower than the Arkansas average of $160,541.
The average cost of rent is $835/mo in Lunenburg, primarily driven by the current value of real estate in the Lunenburg area. While nearly 42.56% of residents own their homes outright in Lunenburg, 39.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lunenburg is $3,925 per month. Households that rent pay about 21.28% of their income on rent here. Lunenburg's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Melbourne, AR: less expensive homes
- Sylamore, AR: higher priced homes
- Boswell, AR: less expensive homes
- Sage, AR: equally priced homes
- Guion, AR: higher priced homes
- Mount Pleasant, AR: equally priced homes
- Larkin, AR: less expensive homes
- Newburg, AR: less expensive homes
- Violet Hill, AR: less expensive homes
- Knob Creek, AR: less expensive homes
Cities with Similar Populations
- Ethridge, MT: higher priced homes
- Gay, OK: equally priced homes
- Four Point, TN: less expensive homes
- Fendley, AR: less expensive homes
- Farmington, KS: higher priced homes
- Fallon, MT: equally priced homes
- Fairmont, KY: less expensive homes
- Fairhaven, OH: higher priced homes
- Fairfield, UT: higher priced homes
- Ex-Way, NC: less expensive homes
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