
Affordable
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These days, finding an affordable place to live in the Trumann area can be challenging. Home prices in Trumann are now at a median cost of $119,852, lower than the Arkansas average of $207,061.
The average cost of rent is $708/mo in Trumann, primarily driven by the current value of real estate in the Trumann area. In Trumann, 44.42% of households rent, and 46.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Trumann is $3,983 per month. Households that rent pay about 17.78% of their income on rent here. Trumann’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maple Grove, AR: equally priced homes
- Stacy, AR: higher priced homes
- Tulot, AR: equally priced homes
- Elm Grove, AR: less expensive homes
- Promised Land, AR: less expensive homes
- Shady Grove, AR: higher priced homes
- Bay, AR: higher priced homes
- Lunsford, AR: equally priced homes
- Hergett, AR: higher priced homes
- Black Oak, AR: less expensive homes
Cities with Similar Populations
- Wolfforth, TX: higher priced homes
- Highland Park, TX: higher priced homes
- Hilliard, FL: higher priced homes
- Hillside, IL: higher priced homes
- Hilmar, CA: higher priced homes
- Hinckley, OH: higher priced homes
- Hitchcock, TX: higher priced homes
- Seabrook, NH: higher priced homes
- Shirley, MA: higher priced homes
- Sidney, MT: higher priced homes
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