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These days, finding an affordable place to live in the Walnut Springs area can be challenging. Home prices in Walnut Springs are now at a median cost of $149,929, lower than the Arkansas average of $207,061.
The average cost of rent is $635/mo in Walnut Springs, primarily driven by the current value of real estate in the Walnut Springs area. In Walnut Springs, 8.77% of households rent, and 66.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Springs is $4,467 per month. Households that rent pay about 14.22% of their income on rent here. Walnut Springs’s most expensive areas are in the central 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
- Horatio, AR: less expensive homes
- Stringtown, AR: equally priced homes
- Geneva, AR: less expensive homes
- Williamson, AR: equally priced homes
- Process City, AR: equally priced homes
- Neal Springs, AR: less expensive homes
- DeQueen, AR: less expensive homes
- Red Wing, AR: less expensive homes
- Chapel Hill, AR: higher priced homes
- Lockesburg, AR: less expensive homes
Cities with Similar Populations
- Sabula, MO: less expensive homes
- Matfield Green, KS: equally priced homes
- Matthews Crossroads, NC: equally priced homes
- Max, NE: equally priced homes
- Mayday, GA: less expensive homes
- McIntosh, SD: less expensive homes
- Mekinock, ND: higher priced homes
- Melder, LA: higher priced homes
- Morefield, VA: equally priced homes
- Rocklake, ND: less expensive homes
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