Home Price Key
Affordable
Average
Expensive
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 $105,879, lower than the Tennessee average of $218,916.
The average cost of rent is $705/mo in Pea Ridge, primarily driven by the current value of real estate in the Pea Ridge area. While nearly 52.37% of residents own their homes outright in Pea Ridge, 22.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pea Ridge is $3,572 per month. Households that rent pay about 19.73% of their income on rent here. Pea Ridge's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Mount Lebanon, TN: higher priced homes
- Crewstown, TN: higher priced homes
- Deerfield, TN: higher priced homes
- Westpoint, TN: equally priced homes
- Long Branch, TN: higher priced homes
- Weakly, TN: higher priced homes
- Ovilla, TN: equally priced homes
- Busby, TN: equally priced homes
- Lawrenceburg, TN: higher priced homes
- Shawnette, TN: higher priced homes
Cities with Similar Populations
- Siloam, TX: higher priced homes
- Johnson City, MO: higher priced homes
- Jones Crossroads, GA: higher priced homes
- Jonesburg, LA: equally priced homes
- Jordan, AR: higher priced homes
- Julian, WV: less expensive homes
- Kaktovik, AK: equally priced homes
- Kamey, TX: higher priced homes
- Keachi, LA: higher priced homes
- Sentinel, OH: higher priced homes
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