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These days, finding an affordable place to live in the Toledo area can be challenging. Home prices in Toledo are now at a median cost of $122,772, lower than the Arkansas average of $207,061.
The average cost of rent is $527/mo in Toledo, primarily driven by the current value of real estate in the Toledo area. In Toledo, 28.34% of households rent, and 63.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Toledo is $2,787 per month. Households that rent pay about 18.92% of their income on rent here. Toledo’s most expensive areas are in the northwestern 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
- Saline, AR: equally priced homes
- Rison, AR: higher priced homes
- Staves, AR: higher priced homes
- Kingsland, AR: less expensive homes
- Kedron, AR: equally priced homes
- Rye, AR: higher priced homes
- Randall, AR: higher priced homes
- Herbine, AR: higher priced homes
- Pansy, AR: higher priced homes
- Glendale, AR: equally priced homes
Cities with Similar Populations
- Branstad, WI: higher priced homes
- Turner, MT: equally priced homes
- Trigg Furnace, KY: higher priced homes
- Brownsdale, FL: higher priced homes
- Broomes Island, MD: higher priced homes
- Brooke, VA: higher priced homes
- Brockwell, AR: less expensive homes
- Briggs, VA: higher priced homes
- Brantingham, NY: higher priced homes
- Union City, MO: higher priced homes
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