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These days, finding an affordable place to live in the Ola area can be challenging. Home prices in Ola are now at a median cost of $99,681, lower than the Arkansas average of $207,061.
The average cost of rent is $586/mo in Ola, primarily driven by the current value of real estate in the Ola area. In Ola, 38.08% of households rent, and 79.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ola is $3,102 per month. Households that rent pay about 18.90% of their income on rent here. Ola’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Plainview, AR: higher priced homes
- Mount George, AR: higher priced homes
- Nimrod, AR: higher priced homes
- Cotton Town, AR: higher priced homes
- Danville, AR: higher priced homes
- Casa, AR: higher priced homes
- North Dardanelle, AR: higher priced homes
- Mosley, AR: higher priced homes
- Old Neely, AR: higher priced homes
- Rover, AR: higher priced homes
Cities with Similar Populations
- Kingman, IN: higher priced homes
- Seaside Park, NJ: higher priced homes
- Marine On St. Croix, MN: higher priced homes
- Marble Hill, MO: higher priced homes
- Magazine, AR: higher priced homes
- Lovington, IL: higher priced homes
- Absarokee, MT: higher priced homes
- Levittown, PR: higher priced homes
- Laguna, NM: equally priced homes
- Seward, PA: equally priced homes
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