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Affordable
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These days, finding an affordable place to live in the Pea Ridge area can be challenging. Home prices in Pea Ridge are now at a median cost of $307,739, higher than the Arkansas average of $207,061.
The average cost of rent is $1,438/mo in Pea Ridge, primarily driven by the current value of real estate in the Pea Ridge area. In Pea Ridge, 16.31% of households rent, and 36.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pea Ridge is $7,398 per month. Households that rent pay about 19.44% of their income on rent here. Pea Ridge’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Flock, AR: higher priced homes
- Avoca, AR: equally priced homes
- Bella Vista, AR: equally priced homes
- Garfield, AR: less expensive homes
- Bentonville, AR: higher priced homes
- Rogers, AR: higher priced homes
- Powell, MO: less expensive homes
- Wayne, MO: less expensive homes
- Seligman, MO: less expensive homes
- Jane, MO: less expensive homes
Cities with Similar Populations
- Spring Lake Park, MN: equally priced homes
- Haddon Heights, NJ: higher priced homes
- Haiku-Pauwela, HI: higher priced homes
- Hales Corners, WI: equally priced homes
- Halfway, MD: less expensive homes
- Halifax, MA: higher priced homes
- Halifax, PA: less expensive homes
- Hamburg, NJ: higher priced homes
- Hamilton, AL: less expensive homes
- Southwood Acres, CT: less expensive homes
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