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Affordable
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These days, finding an affordable place to live in the Red Leaf area can be challenging. Home prices in Red Leaf are now at a median cost of $265,200, higher than the Arkansas average of $207,061.
The average cost of rent is $771/mo in Red Leaf, primarily driven by the current value of real estate in the Red Leaf area. In Red Leaf, 0.95% of households rent, and 58.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Leaf is $6,893 per month. Households that rent pay about 11.18% of their income on rent here. Red Leaf’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shives, AR: equally priced homes
- Lake Village, AR: less expensive homes
- Refuge, MS: less expensive homes
- Luna, AR: less expensive homes
- Eudora, AR: less expensive homes
- Swiftwater, MS: less expensive homes
- James, MS: less expensive homes
- Avon, MS: less expensive homes
- Wayside, MS: less expensive homes
- Greenville, MS: less expensive homes
Cities with Similar Populations
- West Castleton, VT: less expensive homes
- Barclay, KS: less expensive homes
- Barstow, IL: less expensive homes
- Bartow, WV: less expensive homes
- Bellaire, AR: less expensive homes
- Blakemore, AR: less expensive homes
- Watervale, NY: equally priced homes
- Weldon, AR: less expensive homes
- West Barnet, VT: equally priced homes
- West Campton, NH: higher priced homes
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