Home prices
The price of the median home in Rector is $67,700. In comparison to other places in this area this is about $3,720 (5%) higher.In comparison to the rest of the country it is roughly $149,800 (68%) lower, and is about $34,100 (33%) lower compared to the city of Memphis.
Rents
In Rector the median monthly rent is $490. This is about $134 (21%) lower compared to its surrounding areas.Compared to the country as a whole it is about $572 (53%) lower, and compared to the city of Memphis is roughly $411 (45%) lower.
Nearby places
Greenway
Greenway is approximately 6 miles northeast of Rector. Real estate prices there are substantially less expensive. The median home in Greenway is valued at $36,700, which comes out to $31,000 (84%) lower than Rector. Rents there are a little less expensive. The median monthly rent in Greenway is $400, which comes out to $90 (22%) lower than Rector.
Marmaduke
Marmaduke is approximately 6 miles southwest of Rector. The housing prices there are fairly similar. The cost of the median home in Marmaduke is $70,600, which comes out to $2,900 (4%) higher than Rector. Rent there is a bit more expensive. Marmaduke's median monthly rent is $704, which works out to $214 (30%) higher than Rector.
Piggott
Piggott is about 9 miles northeast of Rector. Its housing prices are a bit more expensive. The median home in Piggott costs $87,600, which is $19,900 (22%) higher than Rector. Rents there are substantially more expensive. In Piggott the median monthly rent is $728, which works out to $238 (32%) higher than Rector.
Lafe
Lafe is roughly 10 miles west of Rector. Its real estate prices are somewhat less expensive. The median home in Lafe costs $57,800, which is $9,900 (17%) lower than Rector. Rents there are somewhat more expensive. The median rent in Lafe is $700 a month, which is $210 (30%) higher than Rector.
Senath
Senath is approximately 11 miles southeast of Rector. Real estate prices there are similar. The median home in Senath costs $67,200, which is very similar to Rector. The rent there is somewhat more expensive. Senath's median rent is $588 a month, which works out to $98 (16%) higher than Rector.
