Home prices
The median home in McRae costs $69,700. Compared to nearby areas this is approximately $17,900 (20%) lower.It is roughly $147,800 (67%) lower compared to the United States as a whole, and is approximately $97,900 (58%) lower in comparison to the city of Little Rock.
Rents
The median rent in McRae is $521 a month. It is roughly $201 (27%) lower in comparison to its surrounding areas.In comparison to the country as a whole it is roughly $541 (50%) lower, and is about $351 (40%) lower compared to the city of Little Rock.
Nearby places
Garner
Garner is roughly 3 miles northeast of McRae. Its real estate prices are a little less expensive. The price of the median home in Garner is $57,500, which comes out to $12,200 (21%) lower than McRae. Rent there is a bit more expensive. Garner's median monthly rent is $572, which is $51 (8%) higher than McRae.
Beebe
Beebe is approximately 4 miles southwest from McRae. Housing prices there are significantly more expensive. The median home in Beebe is valued at $118,600, which works out to $48,900 (41%) higher than McRae. The rent there is a bit more expensive. The median rent in Beebe is $702 per month, which is $181 (25%) higher than McRae.
Higginson
Higginson is approximately 8 miles northeast of McRae. Housing prices there are a bit more expensive. Higginson's median home value is $87,000, which comes out to $17,300 (19%) higher than McRae. The rent there is somewhat more expensive. The median monthly rent in Higginson is $756, which works out to $235 (31%) higher than McRae.
Griffithville
Griffithville is approximately 8 miles east of McRae. Its housing prices are somewhat less expensive. Griffithville's median home cost is $57,500, which works out to $12,200 (21%) lower than McRae. Its rents are a bit more expensive. In Griffithville the median monthly rent is $569, which is $48 (8%) higher than McRae.
Ward
Ward is approximately 9 miles southwest from McRae. The housing prices there are substantially more expensive. Ward's median home cost is $117,400, which comes out to $47,700 (40%) higher than McRae. Rents there are significantly more expensive. The median rent in Ward is $1,010 a month, which comes out to $489 (48%) higher than McRae.
