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Affordable
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These days, finding an affordable place to live in the Marvell area can be challenging. Home prices in Marvell are now at a median cost of $80,491, lower than the Arkansas average of $207,061.
The average cost of rent is $664/mo in Marvell, primarily driven by the current value of real estate in the Marvell area. In Marvell, 45.32% of households rent, and 70.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marvell is $4,519 per month. Households that rent pay about 14.70% of their income on rent here. Marvell’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hicks, AR: less expensive homes
- Kingtown, AR: higher priced homes
- Trenton, AR: less expensive homes
- Cypert, AR: higher priced homes
- Poplar Grove, AR: higher priced homes
- Vineyard, AR: less expensive homes
- Postelle, AR: less expensive homes
- Watkins Corner, AR: higher priced homes
- Turner, AR: higher priced homes
- Barton, AR: higher priced homes
Cities with Similar Populations
- Rose Lodge, OR: higher priced homes
- Kirkersville, OH: higher priced homes
- Kynesville, FL: higher priced homes
- La Crosse, IN: higher priced homes
- Lake George, CO: higher priced homes
- Lancaster, OR: higher priced homes
- Prairie City, OR: higher priced homes
- Pruntytown, WV: higher priced homes
- Richardton, ND: higher priced homes
- Rock Springs, WI: higher priced homes
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