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These days, finding an affordable place to live in the Salado area can be challenging. Home prices in Salado are now at a median cost of $97,316, lower than the Arkansas average of $207,061.
The average cost of rent is $819/mo in Salado, primarily driven by the current value of real estate in the Salado area. In Salado, 23.70% of households rent, and 30.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salado is $4,317 per month. Households that rent pay about 18.96% of their income on rent here. Salado’s most expensive areas are in the eastern 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
- McHue, AR: higher priced homes
- Moorefield, AR: higher priced homes
- Batesville, AR: higher priced homes
- Desha, AR: higher priced homes
- Huff, AR: equally priced homes
- Rosie, AR: equally priced homes
- Magness, AR: higher priced homes
- Sulphur Rock, AR: higher priced homes
- Gainsboro, AR: higher priced homes
- Newark, AR: higher priced homes
Cities with Similar Populations
- Stone City, IA: higher priced homes
- Dellrose, TN: higher priced homes
- Deloit, IA: higher priced homes
- Delp, IN: higher priced homes
- Desert, TX: higher priced homes
- Devore Heights, CA: higher priced homes
- Dew, TX: higher priced homes
- Fairland, TX: higher priced homes
- Fargo, GA: less expensive homes
- St. James, AR: higher priced homes
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