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These days, finding an affordable place to live in the Mansfield area can be challenging. Home prices in Mansfield are now at a median cost of $155,222, lower than the Arkansas average of $207,061.
The average cost of rent is $888/mo in Mansfield, primarily driven by the current value of real estate in the Mansfield area. In Mansfield, 26.05% of households rent, and 57.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mansfield is $3,798 per month. Households that rent pay about 23.37% of their income on rent here. Mansfield’s most expensive areas are in the northeastern 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
- Huntington, AR: higher priced homes
- Fox Hill, AR: equally priced homes
- Boothe, AR: less expensive homes
- Elm Park, AR: less expensive homes
- Oliver, AR: equally priced homes
- Milltown, AR: higher priced homes
- Hon, AR: equally priced homes
- Frog Town, AR: less expensive homes
- Midland, AR: equally priced homes
- Lucas, AR: less expensive homes
Cities with Similar Populations
- Ault, CO: higher priced homes
- Dresser, WI: higher priced homes
- Dermott, AR: less expensive homes
- Conneaut Lakeshore, PA: higher priced homes
- Clarklake, MI: higher priced homes
- Central City, IA: higher priced homes
- Canyonville, OR: higher priced homes
- Buchanan, TN: higher priced homes
- Brownsville, OR: higher priced homes
- Bristol, IL: higher priced homes
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