Can I Afford to Live in Arkansas?
Arkansas - The most affordable Southern state with natural beauty and low taxes. See median rent, home values, and the most affordable ZIP codes below.
Find ZIP Codes You Can Afford in Arkansas
Enter your salary to see neighborhoods in your budget.
π To Buy in Arkansas
With median home value of $165,000, you'd typically need an income of at least $41,250/year and a down payment of $16,500 (10%).
ποΈ To Rent in Arkansas
With median rent of $820/month, you should earn at least $30K/year (30% rent-to-income rule). This is below the US median of $1,163/mo.
π° Median Income
Arkansas residents earn a median household income of $50,784/year. Rent takes approximately 19% of median income.
Most Affordable ZIP Codes in Arkansas
Ranked by lowest median rent, minimum population 3,000+
Top-Rated Neighborhoods in Arkansas
Highest ZipScore - best combination of safety, schools, and quality of life
FAQs: Living in Arkansas
What salary do I need to live comfortably in Arkansas?
To live comfortably in Arkansas, you'd want to earn at least $29,520/year to rent at the median price without being cost-burdened (spending more than 30% of income on housing). To buy at the median home price of $165,000, aim for a salary of $41,250+.
Is Arkansas expensive to live in?
Arkansas has a median rent of $820/month, which is below the US national median of $1,163. Cost varies significantly by city and neighborhood - the table above shows the most affordable ZIP codes in Arkansas.
What is the most affordable city in Arkansas?
The most affordable ZIP codes in Arkansas are ranked in the table above by median rent. Smaller cities and suburbs typically offer significantly lower costs than the major metro areas. Click any ZIP code to see its full neighborhood profile.