Similar to nearby areas, it's substantially less expensive compared to the United States as a whole. Compared to the city of Pine Bluff however, it is somewhat more expensive.
Home prices
The median home cost in Renova is $83,600. Compared to other places in this area this is about $4,340 (4%) lower.It is roughly $133,900 (61%) lower compared to the entire nation, and it is about $8,100 (10%) higher compared to the city of Pine Bluff.
Rents
Renova's median rent is $426 a month. This is approximately $246 (36%) lower in comparison to its nearby areas.It is roughly $636 (59%) lower in comparison to the entire nation, and is about $301 (41%) lower in comparison to the city of Pine Bluff.
Nearby places
Cleveland
Cleveland is Renova's neighbor to the south. Housing prices there are significantly more expensive. The median home value in Cleveland is $128,300, which comes out to $44,700 (34%) higher than Renova. Its rents are a lot more expensive. In Cleveland the median rent is $806 a month, which works out to $380 (47%) higher than Renova.
Merigold
Merigold is about 4 miles north of Renova. Real estate prices there are a bit more expensive. Merigold's median home cost is $88,900, which is $5,300 (5%) higher than Renova. Its rents are significantly more expensive. In Merigold the median rent is $885 per month, which works out to $459 (51%) higher than Renova.
Boyle
Boyle is about 5 miles south from Renova. Its real estate prices are pretty similar. The median home price in Boyle is $86,800, which is $3,200 (3%) higher than Renova. Its rents are significantly more expensive. The median rent in Boyle is $780 a month, which comes out to $354 (45%) higher than Renova.
Pace
Pace is about 6 miles west from Renova. The housing prices there are a lot less expensive. The median home in Pace costs $53,800, which is $29,800 (55%) lower than Renova. Rents there are fairly similar. Pace's median monthly rent is $425, which is very similar to Renova.
Mound Bayou
Mound Bayou is approximately 7 miles north of Renova. The real estate prices there are similar. The median home in Mound Bayou is valued at $81,900, which works out to $1,700 (2%) lower than Renova. Rent there is somewhat more expensive. In Mound Bayou the median monthly rent is $465, which works out to $39 (8%) higher than Renova.