Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reservoir area can be challenging. Home prices in Reservoir are now at a median cost of $182,600, lower than the Little Rock average of $195,611.
The average cost of rent is $974/mo in Reservoir, primarily driven by the current value of real estate in the Reservoir area. While nearly 31.48% of residents own their homes outright in Reservoir, 42.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reservoir is $6,435 per month. Households that rent pay about 15.13% of their income on rent here. Reservoir's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Midtown, Little Rock, AR: higher priced homes
- Walnut Valley, Little Rock, AR: equally priced homes
- Briarwood, Little Rock, AR: less expensive homes
- River Mountain, Little Rock, AR: higher priced homes
- Rock Creek, Little Rock, AR: higher priced homes
- Heights, Little Rock, AR: higher priced homes
- John Barrow, Little Rock, AR: less expensive homes
- Boyle Park, Little Rock, AR: less expensive homes
- Hillcrest, Little Rock, AR: higher priced homes
- Woodland Edge, Little Rock, AR: higher priced homes
Neighborhoods with Similar Populations
- Cushing Square, Belmont, MA: higher priced homes
- Crosstown, Memphis, TN: higher priced homes
- Bleachery, Waltham, MA: higher priced homes
- Bonneville, Orem, UT: higher priced homes
- Bridlemile, Portland, OR: higher priced homes
- Calico Ridge, Henderson, NV: higher priced homes
- Carmel, Charlotte, NC: higher priced homes
- Carpenter, Ann Arbor, MI: higher priced homes
- Chapel Hill, Akron, OH: less expensive homes
- Chester Highlands, Chicago, IL: less expensive homes
All Local Stats
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