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These days, finding an affordable place to live in the Mineral Springs area can be challenging. Home prices in Mineral Springs are now at a median cost of $113,466, lower than the Arkansas average of $207,061.
The average cost of rent is $802/mo in Mineral Springs, primarily driven by the current value of real estate in the Mineral Springs area. In Mineral Springs, 27.82% of households rent, and 64.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mineral Springs is $4,553 per month. Households that rent pay about 17.62% of their income on rent here. Mineral Springs’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
- Buck Range, AR: equally priced homes
- Tollette, AR: less expensive homes
- Schaal, AR: less expensive homes
- Nashville, AR: higher priced homes
- Paraloma, AR: higher priced homes
- Ozan, AR: less expensive homes
- Columbus, AR: equally priced homes
- Muddyfork, AR: higher priced homes
- Saratoga, AR: equally priced homes
- Milford, AR: higher priced homes
Cities with Similar Populations
- East Montpelier, VT: higher priced homes
- Kresgeville, PA: higher priced homes
- Langhorne Manor, PA: higher priced homes
- Holton, IN: higher priced homes
- Tenmile, OR: higher priced homes
- Terre Hill, PA: higher priced homes
- Tioga, PA: higher priced homes
- Tonica, IL: higher priced homes
- Toughkenamon, PA: higher priced homes
- Tuckasegee, NC: higher priced homes
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