Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Patterson area can be challenging. Home prices in Patterson are now at a median cost of $62,393, lower than the Arkansas average of $160,541.
The average cost of rent is $621/mo in Patterson, primarily driven by the current value of real estate in the Patterson area. While nearly 63.26% of residents own their homes outright in Patterson, 35.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Patterson is $2,932 per month. Households that rent pay about 21.18% of their income on rent here. Patterson's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- McCrory, AR: higher priced homes
- Riverside, AR: higher priced homes
- Revel, AR: higher priced homes
- Pumpkin Bend, AR: higher priced homes
- New Augusta, AR: higher priced homes
- Augusta, AR: higher priced homes
- Morton, AR: higher priced homes
- Fitzhugh, AR: higher priced homes
- Wiville, AR: higher priced homes
- Tupelo, AR: equally priced homes
Cities with Similar Populations
- Ingot, CA: higher priced homes
- Stecker, OK: higher priced homes
- State Line, AR: less expensive homes
- South Hamilton, NY: higher priced homes
- Jupiter Island, FL: higher priced homes
- Jones Springs, WV: higher priced homes
- Jesse, WV: higher priced homes
- Jefferson Junction, WI: higher priced homes
- Jason, KY: higher priced homes
- Jansen, NE: higher priced homes
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