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These days, finding an affordable place to live in the Rex area can be challenging. Home prices in Rex are now at a median cost of $85,300, lower than the Arkansas average of $207,061.
The average cost of rent is $1,043/mo in Rex, primarily driven by the current value of real estate in the Rex area. In Rex, 31.60% of households rent, and 48.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rex is $2,451 per month. Households that rent pay about 42.55% of their income on rent here. Rex’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lost Corner, AR: equally priced homes
- Chimes, AR: higher priced homes
- Woolum, AR: higher priced homes
- Crabtree, AR: higher priced homes
- Tilly, AR: higher priced homes
- Scotland, AR: equally priced homes
- Smyrna, AR: equally priced homes
- Rocky Hill, AR: higher priced homes
- Choctaw, AR: higher priced homes
- Witts Springs, AR: higher priced homes
Cities with Similar Populations
- Radium, CO: higher priced homes
- Raven Branch, TN: higher priced homes
- Raub, IN: higher priced homes
- Rapides, LA: higher priced homes
- Rapatee, IL: higher priced homes
- Ralston, WA: higher priced homes
- Ralph, MI: higher priced homes
- Ralph, KY: higher priced homes
- Raleigh, IN: higher priced homes
- Ravenna, MT: higher priced homes
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