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These days, finding an affordable place to live in the Moreland area can be challenging. Home prices in Moreland are now at a median cost of $125,417, lower than the Arkansas average of $207,061.
The average cost of rent is $1,046/mo in Moreland, primarily driven by the current value of real estate in the Moreland area. In Moreland, 22.23% of households rent, and 53.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Moreland is $3,823 per month. Households that rent pay about 27.36% of their income on rent here. Moreland’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
- Economy, AR: equally priced homes
- Hector, AR: less expensive homes
- Scottsville, AR: less expensive homes
- Atkins, AR: higher priced homes
- Dover, AR: higher priced homes
- Worthen, AR: higher priced homes
- Old Hickory, AR: higher priced homes
- Jerusalem, AR: less expensive homes
- Russellville, AR: higher priced homes
- Pottsville, AR: higher priced homes
Cities with Similar Populations
- Ermine, KY: less expensive homes
- Trimble, CO: higher priced homes
- Topping, VA: higher priced homes
- Togus, ME: higher priced homes
- Togiak, AK: less expensive homes
- Tillman, SC: higher priced homes
- Thornton, MI: higher priced homes
- Susan Moore, AL: equally priced homes
- Summerfield, IL: higher priced homes
- Stonefort, IL: equally priced homes
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