Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Sherman area can be challenging. Home prices in Mount Sherman are now at a median cost of $177,214, higher than the Arkansas average of $160,541.
The average cost of rent is $610/mo in Mount Sherman, primarily driven by the current value of real estate in the Mount Sherman area. While nearly 53.93% of residents own their homes outright in Mount Sherman, 34.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Sherman is $2,812 per month. Households that rent pay about 21.69% of their income on rent here. Mount Sherman's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
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