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These days, finding an affordable place to live in the Washington area can be challenging. Home prices in Washington are now at a median cost of $157,266, lower than the Arkansas average of $207,061.
The average cost of rent is $751/mo in Washington, primarily driven by the current value of real estate in the Washington area. In Washington, 17.97% of households rent, and 73.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Washington is $3,499 per month. Households that rent pay about 21.46% of their income on rent here. Washington’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oakhaven, AR: less expensive homes
- Columbus, AR: less expensive homes
- Guernsey, AR: higher priced homes
- Sheppard, AR: equally priced homes
- Fulton, AR: equally priced homes
- McNab, AR: less expensive homes
- Hope, AR: less expensive homes
- Ozan, AR: less expensive homes
- Saratoga, AR: less expensive homes
- Perrytown, AR: less expensive homes
Cities with Similar Populations
- Lone Camp, TX: higher priced homes
- Marquette, WI: higher priced homes
- Marion Springs, MI: less expensive homes
- Manton, CA: higher priced homes
- Mannsville, KY: equally priced homes
- Makaha, HI: higher priced homes
- Mackey, IN: higher priced homes
- MacDougall, NY: higher priced homes
- Lynx, OH: less expensive homes
- Loves Mill, VA: higher priced homes
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