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These days, finding an affordable place to live in the Peel area can be challenging. Home prices in Peel are now at a median cost of $184,429, lower than the Arkansas average of $207,061.
The average cost of rent is $784/mo in Peel, primarily driven by the current value of real estate in the Peel area. In Peel, 7.17% of households rent, and 65.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peel is $3,722 per month. Households that rent pay about 21.06% of their income on rent here. Peel’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Protem, MO: higher priced homes
- Monarch, AR: less expensive homes
- Ocie, MO: less expensive homes
- Lakeway, AR: equally priced homes
- Diamond City, AR: less expensive homes
- South Lead Hill, AR: less expensive homes
- Sundown, MO: less expensive homes
- Oakland, AR: less expensive homes
- Lead Hill, AR: less expensive homes
- Theodosia, MO: less expensive homes
Cities with Similar Populations
- Waubeka, WI: higher priced homes
- Fountain Hill, AR: less expensive homes
- Fowler, SC: less expensive homes
- Fowlers Crossroads, AL: less expensive homes
- Frenchtown, PA: equally priced homes
- Fruitvale, ID: higher priced homes
- Gary, MN: equally priced homes
- West Danby, NY: higher priced homes
- West Bath, ME: higher priced homes
- Wesley, IA: higher priced homes
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