Similar to nearby areas, it's substantially less expensive compared to the rest of the country. Compared to the city of Pine Bluff however, it's somewhat less expensive.
Home prices
The median home in Arkansas City costs $60,000. Compared to other places in this area it is approximately $1,440 (2%) higher.In comparison to the entire nation it is about $157,500 (72%) lower, and compared to the city of Pine Bluff is about $15,500 (20%) lower.
Rents
The median rent in Arkansas City is $595 a month. This is roughly $73 (14%) higher in comparison to nearby areas.It is roughly $467 (43%) lower compared to the US as a whole, and it is approximately $132 (18%) lower in comparison to the city of Pine Bluff.
Nearby places
McGehee
McGehee is roughly 9 miles west of Arkansas City. Its real estate prices are a little more expensive. The median home value in McGehee is $85,400, which is $25,400 (29%) higher than Arkansas City. Rents there are a bit less expensive. The median rent in McGehee is $466 per month, which comes out to $129 (27%) lower than Arkansas City.
Benoit
Benoit is about 10 miles east from Arkansas City. Housing prices there are fairly similar. The median home cost in Benoit is $61,700, which comes out to $1,700 (2%) higher than Arkansas City. The rent there is similar. In Benoit the median rent is $591 per month, which is very similar to Arkansas City.
Dermott
Dermott is about 13 miles southwest from Arkansas City. Its real estate prices are a little more expensive. Dermott's median home price is $70,800, which is $10,800 (15%) higher than Arkansas City. Rents there are pretty similar. The median monthly rent in Dermott is $569, which works out to $26 (4%) lower than Arkansas City.
Reed
Reed is approximately 14 miles northwest of Arkansas City. Its housing prices are significantly less expensive. The cost of the median home in Reed is $44,400, which comes out to $15,600 (35%) lower than Arkansas City. Rent there is a lot less expensive. Reed's median monthly rent is $328, which works out to $267 (81%) lower than Arkansas City.
Beulah
Beulah is roughly 17 miles northeast from Arkansas City. Real estate prices there are a lot less expensive. Beulah's median home cost is $30,500, which comes out to $29,500 (96%) lower than Arkansas City. Its rents are a bit more expensive. The median rent in Beulah is $654 a month, which is $59 (9%) higher than Arkansas City.
