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These days, finding an affordable place to live in the Moscow area can be challenging. Home prices in Moscow are now at a median cost of $104,000, lower than the Arkansas average of $160,541.
The average cost of rent is $690/mo in Moscow, primarily driven by the current value of real estate in the Moscow area. While nearly 54.63% of residents own their homes outright in Moscow, 20.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Moscow is $4,979 per month. Households that rent pay about 13.86% of their income on rent here. Moscow's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
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