Arkansas is filled with natural beauty from the Ozark Mountains to the Hot Springs National Park, perfect for outdoor enthusiasts. And with charming small towns and vibrant city centers, there are plenty of reasons to consider calling Arkansas home. If you’ve been debating moving to Arkansas or are hoping to relocate to a new city, you also probably have a budget you’d like to stay under as you look for a place to live. When it comes to buying a home in Arkansas the median home sale price is $263,800.
Don’t worry if that price doesn’t fit in your budget – we’ve got options to help you find a home or apartment that does. Redfin has collected the 7 of the most affordable places to live in Arkansas. And the best part is that they all have a median home sale price under $263,800. From Little Rock to Jonesboro, let’s jump in and see what cities are on the list.
#1: Pine Bluff
Median home price: $100,000
Average sale price per square foot: $62
Average rent for a 1-bedroom apartment: $637
Median household income: $39,411
Nearest major metro: Little Rock (45 miles)
Pine Bluff, AR homes for sale
Pine Bluff, AR apartments for rent
Taking the first spot on our list of affordable places to live in Arkansas is Pine Bluff. This charming city is located in the heart of Arkansas and is home to about 39,100 people. The median home sale price is $100,000, which is $163K less than the state’s average. If you’re looking for things to do in Pine Bluff, you can visit the Arkansas Railroad Museum, stop by the AGFC Delta Rivers Nature Center in the expansive Pine Bluff Regional Park, or check out the local shops and restaurants in town.
#2: Hot Springs
Median home price: $165,750
Average sale price per square foot: $132
Average rent for a 1-bedroom apartment: $870
Median household income: $46,537
Nearest major metro: Little Rock (55 miles)
Hot Springs, AR homes for sale
Hot Springs, AR apartments for rent
Home to about 37,900 residents is the affordable city of Hot…