Home prices
Arp's median home price is $78,900. This is about $41,240 (34%) lower in comparison to its surrounding areas.It is about $138,600 (63%) lower in comparison to the United States as a whole, and is approximately $69,200 (46%) lower compared to the city of Shreveport.
Rents
The median monthly rent in Arp is $829. This is approximately $73 (8%) lower in comparison to its surrounding areas.In comparison to the country as a whole it is roughly $233 (21%) lower, and compared to the city of Shreveport is about $17 (2%) higher.
Nearby places
Overton
Overton is approximately 5 miles northeast of Arp. Housing prices there are a bit more expensive. The median home in Overton is valued at $87,800, which works out to $8,900 (10%) higher than Arp. The rent there is a little less expensive. In Overton the median monthly rent is $781, which comes out to $48 (6%) lower than Arp.
New London
New London is about 7 miles northeast from Arp. Housing prices there are significantly more expensive. The median home in New London is valued at $120,000, which is $41,100 (34%) higher than Arp. Rents there are fairly similar. The median monthly rent in New London is $821, which is very similar to Arp.
Troup
Troup is approximately 7 miles southwest of Arp. The real estate prices there are a bit more expensive. The median home in Troup is valued at $91,000, which works out to $12,100 (13%) higher than Arp. Rents there are somewhat more expensive. In Troup the median monthly rent is $896, which is $67 (7%) higher than Arp.
New Chapel Hill
New Chapel Hill is approximately 8 miles northwest from Arp. Real estate prices there are significantly more expensive. The median home in New Chapel Hill is valued at $146,400, which is $67,500 (46%) higher than Arp. Rent there is pretty similar. New Chapel Hill's median rent is $850 a month, which comes out to $21 (2%) higher than Arp.
Whitehouse
Whitehouse is roughly 8 miles west from Arp. The housing prices there are a lot more expensive. Whitehouse's median home value is $155,500, which is $76,600 (49%) higher than Arp. Rent there is a little more expensive. Whitehouse's median rent is $1,160 a month, which is $331 (28%) higher than Arp.
