Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Macon Lake area can be challenging. Home prices in Macon Lake are now at a median cost of $90,383, lower than the Arkansas average of $160,541.
The average cost of rent is $709/mo in Macon Lake, primarily driven by the current value of real estate in the Macon Lake area. While nearly 50.38% of residents own their homes outright in Macon Lake, 22.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Macon Lake is $3,790 per month. Households that rent pay about 18.71% of their income on rent here. Macon Lake's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Bellaire, AR: equally priced homes
- Lake Village, AR: higher priced homes
- Luna, AR: higher priced homes
- Montrose, AR: equally priced homes
- Halley Junction, AR: equally priced homes
- Dermott, AR: less expensive homes
- Halley, AR: higher priced homes
- Refuge, MS: higher priced homes
- Collins, AR: less expensive homes
- Greenville, MS: higher priced homes
Cities with Similar Populations
- Four Corners, ME: equally priced homes
- Tampico, MT: higher priced homes
- Talpa, TX: higher priced homes
- Talmo, KS: less expensive homes
- Tallant, OK: higher priced homes
- Talladega Springs, AL: higher priced homes
- Gale, IL: higher priced homes
- Galatia, KS: equally priced homes
- Galata, MT: higher priced homes
- Friendship, LA: less expensive homes
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