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These days, finding an affordable place to live in the Stanford area can be challenging. Home prices in Stanford are now at a median cost of $207,300, higher than the Arkansas average of $207,061.
The average cost of rent is $908/mo in Stanford, primarily driven by the current value of real estate in the Stanford area. In Stanford, 1.23% of households rent, and 66.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stanford is $7,802 per month. Households that rent pay about 11.64% of their income on rent here. Stanford’s most expensive areas are in the central 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
- Beech Grove, AR: equally priced homes
- Walcott, AR: less expensive homes
- Evening Star, AR: less expensive homes
- Finch, AR: higher priced homes
- Faulknerville, AR: equally priced homes
- Light, AR: less expensive homes
- Oak Grove Heights, AR: less expensive homes
- Paragould, AR: less expensive homes
- Delaplaine, AR: less expensive homes
- Walnut Corner, AR: less expensive homes
Cities with Similar Populations
- Hubbard, MS: less expensive homes
- Jewett, NY: higher priced homes
- Ithaca, OH: higher priced homes
- Isenhour, NC: higher priced homes
- Irwin, ID: higher priced homes
- Irondale, VA: less expensive homes
- Iona, NJ: higher priced homes
- Ingold, NC: less expensive homes
- Ingleside, NY: less expensive homes
- Indianola, UT: higher priced homes
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