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These days, finding an affordable place to live in the Texarkana area can be challenging. Home prices in Texarkana are now at a median cost of $190,202, lower than the Texas average of $322,096.
The average cost of rent is $1,109/mo in Texarkana, primarily driven by the current value of real estate in the Texarkana area. In Texarkana, 40.79% of households rent, and 53.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Texarkana is $5,428 per month. Households that rent pay about 20.43% of their income on rent here. Texarkana’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wake Village, TX: less expensive homes
- Nash, TX: less expensive homes
- Red Lick, TX: higher priced homes
- Leary, TX: equally priced homes
- Texarkana, AR: less expensive homes
- Victory City, TX: higher priced homes
- Redbank, TX: higher priced homes
- Hooks, TX: less expensive homes
- Redwater, TX: equally priced homes
- Ogden, AR: less expensive homes
Cities with Similar Populations
- Catalina Foothills, AZ: higher priced homes
- Covington, LA: higher priced homes
- Redford, MI: less expensive homes
- Minot, ND: higher priced homes
- Montgomery, TX: higher priced homes
- Normal, IL: higher priced homes
- North Fort Myers, FL: higher priced homes
- North Highlands, CA: higher priced homes
- Oak Park, IL: higher priced homes
- Paramount, CA: higher priced homes
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