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

 

Preston Ferry, AR Map of Most Affordable Neighborhoods
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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 $73,200, lower than the Arkansas average of $160,541.

The average cost of rent is $446/mo in Preston Ferry, primarily driven by the current value of real estate in the Preston Ferry area. While nearly 59.04% of residents own their homes outright in Preston Ferry, 41.07% rent.

Housing affordability isn’t just about home prices, though. The average household income in Preston Ferry is $1,927 per month. Households that rent pay about 23.14% 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.


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