Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmyra area can be challenging. Home prices in Palmyra are now at a median cost of $110,443, lower than the Arkansas average of $160,541.
The average cost of rent is $654/mo in Palmyra, primarily driven by the current value of real estate in the Palmyra area. While nearly 46.51% of residents own their homes outright in Palmyra, 24.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmyra is $3,741 per month. Households that rent pay about 17.48% of their income on rent here. Palmyra's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Star City, AR: equally priced homes
- Glendale, AR: higher priced homes
- Relfs Bluff, AR: less expensive homes
- Nebo, AR: less expensive homes
- Pansy, AR: higher priced homes
- Crigler, AR: less expensive homes
- Rye, AR: higher priced homes
- Randall, AR: less expensive homes
- Tarry, AR: less expensive homes
- Rison, AR: equally priced homes
Cities with Similar Populations
- Horse Pasture, VA: less expensive homes
- South Basehor, KS: higher priced homes
- South Alburg, VT: higher priced homes
- Soul City, NC: higher priced homes
- Smith Hill, AL: less expensive homes
- Indian Springs, MD: higher priced homes
- Hustontown, PA: higher priced homes
- Huntsboro, NC: higher priced homes
- Hubert, GA: equally priced homes
- Howley, TN: less expensive homes
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