Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shell Lake area can be challenging. Home prices in Shell Lake are now at a median cost of $123,038, lower than the Arkansas average of $160,541.
The average cost of rent is $596/mo in Shell Lake, primarily driven by the current value of real estate in the Shell Lake area. While nearly 69.82% of residents own their homes outright in Shell Lake, 23.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shell Lake is $2,975 per month. Households that rent pay about 20.02% of their income on rent here. Shell Lake's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Heth, AR: higher priced homes
- Gladden, AR: less expensive homes
- Jennette, AR: higher priced homes
- Hicks Station, AR: less expensive homes
- Julius, AR: higher priced homes
- Lansing, AR: equally priced homes
- Norvell, AR: less expensive homes
- Earle, AR: less expensive homes
- Parkin, AR: less expensive homes
- Edmondson, AR: less expensive homes
Cities with Similar Populations
- Crossroads, VA: equally priced homes
- Concorde Hills, OH: higher priced homes
- Cooks, MI: higher priced homes
- Coolidge, KS: less expensive homes
- Corley, AR: equally priced homes
- Cornersville, MD: higher priced homes
- Cornwall, CT: higher priced homes
- Coronet, FL: higher priced homes
- Cortland, IN: higher priced homes
- Cottage Grove, IN: higher priced homes
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