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These days, finding an affordable place to live in the Menifee area can be challenging. Home prices in Menifee are now at a median cost of $158,990, lower than the Arkansas average of $207,061.
The average cost of rent is $792/mo in Menifee, primarily driven by the current value of real estate in the Menifee area. In Menifee, 21.11% of households rent, and 65.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Menifee is $5,151 per month. Households that rent pay about 15.37% of their income on rent here. Menifee’s most expensive areas are in the southern 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
- Plumerville, AR: less expensive homes
- Stony Point, AR: higher priced homes
- Wooster, AR: higher priced homes
- Springfield, AR: equally priced homes
- Overcup, AR: equally priced homes
- New Dixie, AR: equally priced homes
- Conway, AR: higher priced homes
- Republican, AR: higher priced homes
- Greenbrier, AR: higher priced homes
- Morrilton, AR: equally priced homes
Cities with Similar Populations
- Stark, GA: higher priced homes
- Humphreys, LA: higher priced homes
- Hurricane Hill, TN: less expensive homes
- Hurstville, IA: higher priced homes
- Iliff, CO: higher priced homes
- Indian Springs, NC: less expensive homes
- Jackstown, KY: equally priced homes
- Jenners, PA: less expensive homes
- Jerome, AR: equally priced homes
- Jessenland, MN: higher priced homes
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