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These days, finding an affordable place to live in the Needham area can be challenging. Home prices in Needham are now at a median cost of $168,633, lower than the Arkansas average of $207,061.
The average cost of rent is $1,017/mo in Needham, primarily driven by the current value of real estate in the Needham area. In Needham, 24.04% of households rent, and 53.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Needham is $5,143 per month. Households that rent pay about 19.78% of their income on rent here. Needham’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lunsford, AR: less expensive homes
- Lake City, AR: equally priced homes
- Hergett, AR: higher priced homes
- Bay, AR: less expensive homes
- Brookland, AR: higher priced homes
- Goobertown, AR: higher priced homes
- Elm Grove, AR: less expensive homes
- Jonesboro, AR: higher priced homes
- Bunney, AR: less expensive homes
- Black Oak, AR: less expensive homes
Cities with Similar Populations
- Gum Springs, AR: less expensive homes
- Goldsboro, TX: equally priced homes
- Goldsmith, IN: higher priced homes
- Good Intent, PA: higher priced homes
- Goodland, MO: less expensive homes
- Goods Corner, PA: less expensive homes
- Gove, KS: less expensive homes
- Wirt, MN: higher priced homes
- Gullett, KY: less expensive homes
- Glenview, NC: less expensive homes
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