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Affordable
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These days, finding an affordable place to live in the Patmos area can be challenging. Home prices in Patmos are now at a median cost of $161,403, lower than the Arkansas average of $207,061.
The average cost of rent is $644/mo in Patmos, primarily driven by the current value of real estate in the Patmos area. In Patmos, 19.91% of households rent, and 77.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patmos is $3,419 per month. Households that rent pay about 18.83% of their income on rent here. Patmos’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Hervey, AR: less expensive homes
- Falcon, AR: less expensive homes
- Guernsey, AR: equally priced homes
- Bodcaw, AR: less expensive homes
- Sheppard, AR: equally priced homes
Cities with Similar Populations
- Hancock, IA: equally priced homes
- St. Michael, AK: less expensive homes
- St. Marys Point, MN: higher priced homes
- St. James, IL: higher priced homes
- Henlawson, WV: less expensive homes
- Haynesville, VA: higher priced homes
- Havensville, KS: higher priced homes
- Harris, NY: equally priced homes
- Harford, PA: higher priced homes
- Harford, NY: less expensive homes
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