Expensive
Affordable
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These days, finding an affordable place to live in the Prairie Grove area can be challenging. Home prices in Prairie Grove are now at a median cost of $262,699, higher than the Arkansas average of $207,061.
The average cost of rent is $1,309/mo in Prairie Grove, primarily driven by the current value of real estate in the Prairie Grove area. In Prairie Grove, 29.12% of households rent, and 35.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prairie Grove is $5,990 per month. Households that rent pay about 21.85% of their income on rent here. Prairie Grove’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rhea, AR: higher priced homes
- Farmington, AR: higher priced homes
- Lincoln, AR: less expensive homes
- Greenland, AR: less expensive homes
- West Fork, AR: less expensive homes
- Clyde, AR: less expensive homes
- Morrow, AR: less expensive homes
- Strickler, AR: less expensive homes
- Canehill, AR: less expensive homes
- Summers, AR: less expensive homes
Cities with Similar Populations
- Wareham Center, MA: higher priced homes
- Clayton, NJ: equally priced homes
- Cleves, OH: equally priced homes
- Clinton, OK: less expensive homes
- Cresskill, NJ: higher priced homes
- Crittenden, KY: equally priced homes
- Waldwick, NJ: higher priced homes
- Walhalla, SC: less expensive homes
- Walkersville, MD: higher priced homes
- Walkertown, NC: less expensive homes
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