Expensive
Affordable
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These days, finding an affordable place to live in the Welcome area can be challenging. Home prices in Welcome are now at a median cost of $187,565, lower than the Arkansas average of $207,061.
The average cost of rent is $772/mo in Welcome, primarily driven by the current value of real estate in the Welcome area. In Welcome, 8.50% of households rent, and 55.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Welcome is $6,295 per month. Households that rent pay about 12.26% of their income on rent here. Welcome’s most expensive areas are in the central 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
- Springhill, LA: less expensive homes
- Cullen, LA: less expensive homes
- Taylor, AR: less expensive homes
- State Line, AR: less expensive homes
- Old Shongaloo, LA: less expensive homes
- Plainfield, AR: higher priced homes
- Porterville, LA: less expensive homes
- Sarepta, LA: less expensive homes
- Carterville, LA: less expensive homes
- Shongaloo, LA: less expensive homes
Cities with Similar Populations
- Sandy Hill, TX: higher priced homes
- Lake Tamarisk, CA: higher priced homes
- Lake Telemark, NJ: higher priced homes
- LaMoille, IA: higher priced homes
- Lamont, WI: higher priced homes
- Lancaster, IN: higher priced homes
- Lanham, KS: less expensive homes
- Lasker, NC: less expensive homes
- Lassater, TX: less expensive homes
- Lawrence, IL: equally priced homes
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