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Affordable
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These days, finding an affordable place to live in the Milligan Ridge area can be challenging. Home prices in Milligan Ridge are now at a median cost of $103,059, lower than the Arkansas average of $207,061.
The average cost of rent is $810/mo in Milligan Ridge, primarily driven by the current value of real estate in the Milligan Ridge area. In Milligan Ridge, 20.38% of households rent, and 78.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milligan Ridge is $4,792 per month. Households that rent pay about 16.91% of their income on rent here. Milligan Ridge’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mandalay, AR: higher priced homes
- Caraway, AR: less expensive homes
- Whistleville, AR: higher priced homes
- Bunney, AR: equally priced homes
- Walters, AR: higher priced homes
- Etowah, AR: equally priced homes
- Carmi, AR: higher priced homes
- Lennie, AR: less expensive homes
- Cottonwood Corner, AR: higher priced homes
- Rivervale, AR: less expensive homes
Cities with Similar Populations
- North Swansea, MA: higher priced homes
- Oak Forest, LA: higher priced homes
- Nutwood, IL: higher priced homes
- Number Eight, MO: higher priced homes
- Nubia, TN: higher priced homes
- Nottinghill, MO: higher priced homes
- Notrees, TX: higher priced homes
- Notnac, LA: equally priced homes
- Nortonville, NJ: higher priced homes
- Oak Island, MN: higher priced homes
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