The Most Affordable Neighborhoods in Stony Point, AR by Home Value

 

Stony Point, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Stony Point area can be challenging. Home prices in Stony Point are now at a median cost of $838,800, higher than the Arkansas average of $207,061.

The average cost of rent is $962/mo in Stony Point, primarily driven by the current value of real estate in the Stony Point area. In Stony Point, 68.18% of households rent, and 49.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Stony Point is $4,282 per month. Households that rent pay about 22.47% of their income on rent here. Stony Point’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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