The Most Affordable Neighborhoods in Red Leaf, AR by Home Value

 

Red Leaf, AR Map of Most Affordable Neighborhoods
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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 $119,900, lower than the Arkansas average of $160,541.

The average cost of rent is $852/mo in Red Leaf, primarily driven by the current value of real estate in the Red Leaf area. While nearly 58.66% of residents own their homes outright in Red Leaf, 9.37% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Leaf is $6,132 per month. Households that rent pay about 13.90% of their income on rent here. Red Leaf's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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