The Most Affordable Neighborhoods in Preston Ferry, AR by Home Value

These days, finding an affordable place to live in the Preston Ferry area can be challenging. Home prices in Preston Ferry are now at a median cost of $68,900, lower than the Arkansas average of $207,061.

The average cost of rent is $638/mo in Preston Ferry, primarily driven by the current value of real estate in the Preston Ferry area. In Preston Ferry, 29.60% of households rent, and 68.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Preston Ferry is $2,794 per month. Households that rent pay about 22.83% of their income on rent here. Preston Ferry’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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