Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Otto area can be challenging. Home prices in Otto are now at a median cost of $170,392, higher than the Arkansas average of $160,541.
The average cost of rent is $733/mo in Otto, primarily driven by the current value of real estate in the Otto area. While nearly 51.61% of residents own their homes outright in Otto, 17.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Otto is $4,917 per month. Households that rent pay about 14.91% of their income on rent here. Otto's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Vilonia, AR: equally priced homes
- Saltillo, AR: less expensive homes
- Naylor, AR: less expensive homes
- El Paso, AR: less expensive homes
- Toneyville, AR: equally priced homes
- Cabot, AR: equally priced homes
- Holland, AR: less expensive homes
- Austin, AR: higher priced homes
- Barrentine Corner, AR: less expensive homes
- Conway, AR: higher priced homes
Cities with Similar Populations
- Republic, PA: less expensive homes
- Liberty, PA: equally priced homes
- Lindside, WV: less expensive homes
- Loma Rica, CA: higher priced homes
- Luxora, AR: less expensive homes
- Macon, TN: higher priced homes
- Marlboro, OH: equally priced homes
- Matville, OH: higher priced homes
- Olar, SC: less expensive homes
- Redfield, IA: less expensive homes
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