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Affordable
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These days, finding an affordable place to live in the Wilmar area can be challenging. Home prices in Wilmar are now at a median cost of $138,945, lower than the Arkansas average of $207,061.
The average cost of rent is $833/mo in Wilmar, primarily driven by the current value of real estate in the Wilmar area. In Wilmar, 23.99% of households rent, and 69.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wilmar is $3,968 per month. Households that rent pay about 20.99% of their income on rent here. Wilmar’s most expensive areas are in the southern 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
- Tennessee, AR: equally priced homes
- Warren, AR: less expensive homes
- Monticello, AR: equally priced homes
- Montongo, AR: less expensive homes
- Orlando, AR: equally priced homes
- McKinney, AR: less expensive homes
- Jerome, AR: higher priced homes
- Florence, AR: less expensive homes
- Farmville, AR: less expensive homes
- Cominto, AR: less expensive homes
Cities with Similar Populations
- Tabernash, CO: higher priced homes
- Culebra, PR: less expensive homes
- Douglas, MI: higher priced homes
- Elephant Butte, NM: higher priced homes
- Ellsworth, MI: higher priced homes
- Entiat, WA: higher priced homes
- Intercession City, FL: higher priced homes
- Jenkins, MN: higher priced homes
- Lampe, MO: higher priced homes
- Lexington, GA: higher priced homes
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