The Most Affordable Neighborhoods in Old Neely, AR by Home Value

 

Old Neely, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Old Neely area can be challenging. Home prices in Old Neely are now at a median cost of $122,291, lower than the Arkansas average of $160,541.

The average cost of rent is $729/mo in Old Neely, primarily driven by the current value of real estate in the Old Neely area. While nearly 42.89% of residents own their homes outright in Old Neely, 24.76% rent.

Housing affordability isn’t just about home prices, though. The average household income in Old Neely is $3,931 per month. Households that rent pay about 18.55% of their income on rent here. Old Neely's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.


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