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Affordable
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These days, finding an affordable place to live in the Magazine area can be challenging. Home prices in Magazine are now at a median cost of $149,449, lower than the Arkansas average of $207,061.
The average cost of rent is $701/mo in Magazine, primarily driven by the current value of real estate in the Magazine area. In Magazine, 16.05% of households rent, and 57.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Magazine is $5,298 per month. Households that rent pay about 13.23% of their income on rent here. Magazine’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Driggs, AR: equally priced homes
- Mixon, AR: less expensive homes
- Sugar Grove, AR: equally priced homes
- Blue Mountain, AR: equally priced homes
- Booneville, AR: less expensive homes
- Golden City, AR: less expensive homes
- Carolan, AR: less expensive homes
- Paris, AR: less expensive homes
- Waveland, AR: less expensive homes
- Corley, AR: equally priced homes
Cities with Similar Populations
- Bird-in-Hand, PA: higher priced homes
- Black Creek, NC: equally priced homes
- Bloxom, VA: higher priced homes
- Brackettville, TX: less expensive homes
- Cadyville, NY: higher priced homes
- Calhoun, TN: higher priced homes
- Camp Hill, AL: less expensive homes
- Campbellsburg, KY: higher priced homes
- Center Ossipee, NH: higher priced homes
- Clark, MO: higher priced homes
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