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Affordable
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These days, finding an affordable place to live in the Paron area can be challenging. Home prices in Paron are now at a median cost of $268,914, higher than the Arkansas average of $207,061.
The average cost of rent is $715/mo in Paron, primarily driven by the current value of real estate in the Paron area. In Paron, 6.64% of households rent, and 56.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Paron is $6,965 per month. Households that rent pay about 10.27% of their income on rent here. Paron’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Williams Junction, AR: less expensive homes
- Ferndale, AR: higher priced homes
- Avilla, AR: higher priced homes
- Owensville, AR: less expensive homes
- Pinnacle, AR: higher priced homes
- Roland, AR: higher priced homes
- Fountain Lake, AR: equally priced homes
- Hot Springs Village, AR: equally priced homes
- Alexander, AR: equally priced homes
- Bryant, AR: less expensive homes
Cities with Similar Populations
- Hooper, NE: less expensive homes
- Trenton, KY: equally priced homes
- Tom Bean, TX: less expensive homes
- Tennyson, IN: less expensive homes
- Teec Nos Pos, AZ: less expensive homes
- Sulphur, KY: less expensive homes
- Stonewall, OK: less expensive homes
- Sentinel, OK: less expensive homes
- Lochsloy, WA: higher priced homes
- Leasburg, NC: less expensive homes
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