Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Promised Land area can be challenging. Home prices in Promised Land are now at a median cost of $102,015, lower than the Arkansas average of $160,541.
The average cost of rent is $1,000/mo in Promised Land, primarily driven by the current value of real estate in the Promised Land area. While nearly 66.03% of residents own their homes outright in Promised Land, 10.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Promised Land is $3,639 per month. Households that rent pay about 27.47% of their income on rent here. Promised Land's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Maple Grove, AR: equally priced homes
- Stacy, AR: higher priced homes
- Shady Grove, AR: higher priced homes
- Trumann, AR: equally priced homes
- Tulot, AR: higher priced homes
- Whitaker, AR: less expensive homes
- Bay, AR: equally priced homes
- Elm Grove, AR: less expensive homes
- Hergett, AR: higher priced homes
- Harrisburg, AR: equally priced homes
Cities with Similar Populations
- Cruzville, NM: higher priced homes
- Waterford, AL: equally priced homes
- Watauga, KY: less expensive homes
- Washington Park, VA: less expensive homes
- Walkerville, AR: higher priced homes
- Davis, NC: higher priced homes
- Cyril, AL: less expensive homes
- Cycle, NC: higher priced homes
- Cudjoe Key, FL: higher priced homes
- Waterloo, KS: higher priced homes
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