Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the McGehee area can be challenging. Home prices in McGehee are now at a median cost of $98,108, lower than the Arkansas average of $207,061.
The average cost of rent is $750/mo in McGehee, primarily driven by the current value of real estate in the McGehee area. In McGehee, 49.25% of households rent, and 49.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McGehee is $3,541 per month. Households that rent pay about 21.17% of their income on rent here. McGehee’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- McArthur, AR: equally priced homes
- Halley Junction, AR: less expensive homes
- Reed, AR: equally priced homes
- Halley, AR: less expensive homes
- Dermott, AR: less expensive homes
- Tillar, AR: equally priced homes
- Arkansas City, AR: less expensive homes
- Yukon, AR: less expensive homes
- Selma, AR: less expensive homes
- Collins, AR: equally priced homes
Cities with Similar Populations
- Silverton, OH: higher priced homes
- Sidney, NY: higher priced homes
- Silver Creek, NY: higher priced homes
- Greenville, IN: higher priced homes
- Greentown, IN: higher priced homes
- Greensburg, LA: equally priced homes
- Greensboro, MD: higher priced homes
- Greensboro, AL: higher priced homes
- Greenport, NY: higher priced homes
- Silverhill, AL: higher priced homes
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