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These days, finding an affordable place to live in the Paragould area can be challenging. Home prices in Paragould are now at a median cost of $168,077, lower than the Arkansas average of $207,061.
The average cost of rent is $908/mo in Paragould, primarily driven by the current value of real estate in the Paragould area. In Paragould, 38.55% of households rent, and 43.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paragould is $5,002 per month. Households that rent pay about 18.14% of their income on rent here. Paragould’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bethel, AR: higher priced homes
- Oak Grove Heights, AR: equally priced homes
- Halliday, AR: less expensive homes
- Finch, AR: higher priced homes
- Schug, AR: higher priced homes
- Stanford, AR: higher priced homes
- Walcott, AR: equally priced homes
- Goobertown, AR: higher priced homes
- Beech Grove, AR: higher priced homes
- Lafe, AR: less expensive homes
Cities with Similar Populations
- Manhattan Beach, CA: higher priced homes
- Rubidoux, CA: higher priced homes
- Roseville, MN: higher priced homes
- Richmond West, FL: higher priced homes
- Montgomery Village, MD: higher priced homes
- Moca, PR: less expensive homes
- Middle River, MD: higher priced homes
- Miamisburg, OH: higher priced homes
- Mcminnville, OR: higher priced homes
- Mchenry, IL: higher priced homes
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