The Most Affordable Neighborhoods in Murphys Corner, AR by Home Value

 

Murphys Corner, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Murphys Corner area can be challenging. Home prices in Murphys Corner are now at a median cost of $54,143, lower than the Arkansas average of $160,541.

The average cost of rent is $606/mo in Murphys Corner, primarily driven by the current value of real estate in the Murphys Corner area. While nearly 71.99% of residents own their homes outright in Murphys Corner, 14.29% rent.

Housing affordability isn’t just about home prices, though. The average household income in Murphys Corner is $4,214 per month. Households that rent pay about 14.37% of their income on rent here. Murphys Corner's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.


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