Lepanto, AR Real Estate

According to census data in the year 2000 there were 884 housing units in Lepanto. This represents a 2.4% growth from 863 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 884 were located in what is classified as a rural area.

Homeownership rate in Lepanto is about 58.4%. Lepanto's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Lepanto were built after 1969.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom15.50%
Two Bedrooms34.60%
Three Bedrooms41%
Four Bedrooms6.30%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1966
Median Value of occupied units$44,500
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1973
Median Monthly Rent asked for vacant units$222

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.50%
Home Equity Loan1.40%
Simple Mortgage46.10%
Debt Free48.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%