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These days, finding an affordable place to live in the Meg area can be challenging. Home prices in Meg are now at a median cost of $124,600, lower than the Arkansas average of $207,061.
The average cost of rent is $572/mo in Meg, primarily driven by the current value of real estate in the Meg area. In Meg, 11.26% of households rent, and 61.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Meg is $3,839 per month. Households that rent pay about 14.90% of their income on rent here. Meg’s most expensive areas are in the central 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
- Webb City, AR: equally priced homes
- Etna, AR: equally priced homes
- Cecil, AR: higher priced homes
- Roseville, AR: higher priced homes
- Peterpender, AR: higher priced homes
- Ozark, AR: equally priced homes
- Denning, AR: equally priced homes
- Ratcliff, AR: higher priced homes
- Altus, AR: equally priced homes
- Caulksville, AR: higher priced homes
Cities with Similar Populations
- Ricketts, IA: higher priced homes
- Osborne Creek, MS: higher priced homes
- Owens Wells, MS: less expensive homes
- Owenton, VA: higher priced homes
- Owyhee, ID: higher priced homes
- Panola, IL: higher priced homes
- Parkerton, WY: higher priced homes
- Parkfield, CA: higher priced homes
- Parrott, OH: higher priced homes
- Redlawn, TX: less expensive homes
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