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Affordable
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These days, finding an affordable place to live in the Powhatan area can be challenging. Home prices in Powhatan are now at a median cost of $124,057, lower than the Arkansas average of $207,061.
The average cost of rent is $723/mo in Powhatan, primarily driven by the current value of real estate in the Powhatan area. In Powhatan, 21.91% of households rent, and 60.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powhatan is $4,896 per month. Households that rent pay about 14.77% of their income on rent here. Powhatan’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
- Black Rock, AR: less expensive homes
- Coffman, AR: less expensive homes
- Portia, AR: less expensive homes
- Imboden, AR: less expensive homes
- Lynn, AR: less expensive homes
- Hoxie, AR: less expensive homes
- Minturn, AR: less expensive homes
- Smithville, AR: higher priced homes
- Walnut Ridge, AR: equally priced homes
- Strangers Home, AR: less expensive homes
Cities with Similar Populations
- Williamsfield, IL: higher priced homes
- Blanco, NM: higher priced homes
- Bombay, NY: less expensive homes
- West Jackson, OH: higher priced homes
- West Scio, OR: higher priced homes
- Wheatland, WI: higher priced homes
- White City, MO: higher priced homes
- White Island Shores, MA: higher priced homes
- White Mound, TX: higher priced homes
- Wilbanks, NC: higher priced homes
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