The Most Affordable Neighborhoods in Morning Star, AR by Home Value

 

Morning Star, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Morning Star area can be challenging. Home prices in Morning Star are now at a median cost of $123,400, lower than the Arkansas average of $160,541.

The average cost of rent is $581/mo in Morning Star, primarily driven by the current value of real estate in the Morning Star area. While nearly 81.78% of residents own their homes outright in Morning Star, 23.30% rent.

Housing affordability isn’t just about home prices, though. The average household income in Morning Star is $2,623 per month. Households that rent pay about 22.15% of their income on rent here. Morning Star's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.


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