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These days, finding an affordable place to live in the Ravenden Springs area can be challenging. Home prices in Ravenden Springs are now at a median cost of $152,946, lower than the Arkansas average of $207,061.
The average cost of rent is $599/mo in Ravenden Springs, primarily driven by the current value of real estate in the Ravenden Springs area. In Ravenden Springs, 8.99% of households rent, and 73.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ravenden Springs is $4,869 per month. Households that rent pay about 12.30% of their income on rent here. Ravenden Springs’s most expensive areas are in the central 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
- Elevenpoint, AR: less expensive homes
- Ravenden, AR: less expensive homes
- Dalton, AR: equally priced homes
- Lorine, AR: equally priced homes
- Williford, AR: less expensive homes
- Ozark Acres, AR: less expensive homes
- Ingram, AR: less expensive homes
- Noland, AR: equally priced homes
- Pocahontas, AR: less expensive homes
- Warm Springs, AR: less expensive homes
Cities with Similar Populations
- Oak City, UT: higher priced homes
- Patterson Heights, PA: higher priced homes
- Paris, MS: higher priced homes
- Pansey, AL: less expensive homes
- Palm, PA: higher priced homes
- Otis, LA: equally priced homes
- Orlando, OK: higher priced homes
- Olive Green, OH: higher priced homes
- Oklahoma, PA: equally priced homes
- Ogborn, MO: higher priced homes
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