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These days, finding an affordable place to live in the Oppelo area can be challenging. Home prices in Oppelo are now at a median cost of $114,028, lower than the Arkansas average of $207,061.
The average cost of rent is $786/mo in Oppelo, primarily driven by the current value of real estate in the Oppelo area. In Oppelo, 25.12% of households rent, and 65.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oppelo is $4,989 per month. Households that rent pay about 15.76% of their income on rent here. Oppelo’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverview, AR: equally priced homes
- Lewisburg, AR: equally priced homes
- Perry, AR: equally priced homes
- Morrilton, AR: higher priced homes
- Adona, AR: higher priced homes
- Houston, AR: higher priced homes
- Cherry Hill, AR: equally priced homes
- Perryville, AR: equally priced homes
- Plumerville, AR: higher priced homes
- New Dixie, AR: higher priced homes
Cities with Similar Populations
- Secretary, MD: higher priced homes
- Jerome, PA: higher priced homes
- Jonesville, TX: higher priced homes
- Judson, IN: higher priced homes
- Kaw City, OK: higher priced homes
- Kellogg, MN: higher priced homes
- Kinde, MI: higher priced homes
- Kinderlou, GA: higher priced homes
- Ridgeland, WI: higher priced homes
- Rockledge, GA: equally priced homes
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