Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tokio area can be challenging. Home prices in Tokio are now at a median cost of $107,409, lower than the Arkansas average of $160,541.
The average cost of rent is $585/mo in Tokio, primarily driven by the current value of real estate in the Tokio area. While nearly 60.49% of residents own their homes outright in Tokio, 22.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tokio is $4,461 per month. Households that rent pay about 13.10% of their income on rent here. Tokio's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- North Bingen, AR: higher priced homes
- Kimberley, AR: less expensive homes
- Murfreesboro, AR: less expensive homes
- Roy, AR: higher priced homes
- Mount Moriah, AR: less expensive homes
- Nathan, AR: equally priced homes
- Muddyfork, AR: equally priced homes
- Nashville, AR: higher priced homes
- McCaskill, AR: higher priced homes
- Pisgah, AR: equally priced homes
Cities with Similar Populations
- Triplett, MO: higher priced homes
- Covel, WV: less expensive homes
- Cranesville, WV: higher priced homes
- Creamery, WV: higher priced homes
- Creston, SC: higher priced homes
- Crichton, LA: higher priced homes
- Crocketts Bluff, AR: equally priced homes
- Dedham, ME: higher priced homes
- Deep River, IN: higher priced homes
- Tennis, KS: higher priced homes
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