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These days, finding an affordable place to live in the Mayflower area can be challenging. Home prices in Mayflower are now at a median cost of $211,881, higher than the Arkansas average of $207,061.
The average cost of rent is $1,070/mo in Mayflower, primarily driven by the current value of real estate in the Mayflower area. In Mayflower, 23.04% of households rent, and 48.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mayflower is $6,167 per month. Households that rent pay about 17.35% of their income on rent here. Mayflower’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Italy, AR: higher priced homes
- Roland, AR: higher priced homes
- Maumelle, AR: higher priced homes
- Conway, AR: higher priced homes
- Saltillo, AR: less expensive homes
- Stony Point, AR: higher priced homes
- Pinnacle, AR: higher priced homes
- Fourche, AR: less expensive homes
- New Dixie, AR: less expensive homes
- Bigelow, AR: less expensive homes
Cities with Similar Populations
- Mondovi, WI: equally priced homes
- Morganfield, KY: less expensive homes
- Moosup, CT: higher priced homes
- Moosic, PA: higher priced homes
- Moose Lake, MN: equally priced homes
- Moores Mill, AL: higher priced homes
- Moore Haven, FL: less expensive homes
- Moon Lake, FL: less expensive homes
- Montgomery, PA: less expensive homes
- Monte Vista, CO: equally priced homes
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