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These days, finding an affordable place to live in the Walnut Ridge area can be challenging. Home prices in Walnut Ridge are now at a median cost of $121,223, lower than the Arkansas average of $207,061.
The average cost of rent is $722/mo in Walnut Ridge, primarily driven by the current value of real estate in the Walnut Ridge area. In Walnut Ridge, 40.95% of households rent, and 47.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Ridge is $3,744 per month. Households that rent pay about 19.29% of their income on rent here. Walnut Ridge’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
- Hoxie, AR: less expensive homes
- College City, AR: less expensive homes
- Minturn, AR: less expensive homes
- Portia, AR: less expensive homes
- Coffman, AR: less expensive homes
- Sedgwick, AR: less expensive homes
- Fender, AR: less expensive homes
- Walnut Corner, AR: less expensive homes
- Black Rock, AR: less expensive homes
- Powhatan, AR: equally priced homes
Cities with Similar Populations
- Hayes, VA: higher priced homes
- Westvale, NY: higher priced homes
- Henagar, AL: higher priced homes
- Helenwood, TN: higher priced homes
- Helena Valley Northwest, MT: higher priced homes
- Pinetop-Lakeside, AZ: higher priced homes
- Pinedale, WY: higher priced homes
- Hebron, MD: higher priced homes
- Hebbronville, TX: equally priced homes
- Hayfork, CA: higher priced homes
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