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These days, finding an affordable place to live in the Mount Ida area can be challenging. Home prices in Mount Ida are now at a median cost of $166,036, lower than the Arkansas average of $207,061.
The average cost of rent is $564/mo in Mount Ida, primarily driven by the current value of real estate in the Mount Ida area. In Mount Ida, 25.89% of households rent, and 70.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Ida is $4,335 per month. Households that rent pay about 13.02% of their income on rent here. Mount Ida’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hurricane Grove, AR: higher priced homes
- Silver, AR: higher priced homes
- Oden, AR: less expensive homes
- Sims, AR: higher priced homes
- Norman, AR: less expensive homes
- Story, AR: higher priced homes
- Joplin, AR: equally priced homes
- Pencil Bluff, AR: equally priced homes
- Manfred, AR: less expensive homes
- Black Springs, AR: less expensive homes
Cities with Similar Populations
- Merrill, OR: higher priced homes
- Plainfield, NH: higher priced homes
- Pineville, WV: less expensive homes
- Pease, MN: higher priced homes
- Oakland, MS: less expensive homes
- Ney, OH: higher priced homes
- Murphy Corner, WI: higher priced homes
- Mount Victory, OH: higher priced homes
- Mount Sylvan, TX: higher priced homes
- Miles, TX: higher priced homes
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