Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Midway area can be challenging. Home prices in Midway are now at a median cost of $194,802, lower than the Arkansas average of $207,061.
The average cost of rent is $792/mo in Midway, primarily driven by the current value of real estate in the Midway area. In Midway, 23.77% of households rent, and 63.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midway is $4,168 per month. Households that rent pay about 19.01% of their income on rent here. Midway’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lakeview, AR: higher priced homes
- Three Brothers, AR: less expensive homes
- Bull Shoals, AR: less expensive homes
- Gassville, AR: equally priced homes
- Mountain Home, AR: equally priced homes
- Cotter, AR: equally priced homes
- Oakland, AR: less expensive homes
- Clarkridge, AR: less expensive homes
- Flippin, AR: less expensive homes
- Hand Valley, AR: equally priced homes
Cities with Similar Populations
- Ikes, LA: less expensive homes
- Tippecanoe, IN: higher priced homes
- Tennyville, MA: higher priced homes
- Tarrants, MO: higher priced homes
- Snow Lake Shores, MS: less expensive homes
- Laurys Station, PA: higher priced homes
- Laird Hill, TX: equally priced homes
- Knapp, WI: higher priced homes
- Kensington, OH: equally priced homes
- Kendall, WI: higher priced homes
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