Housing in Arkansas

Home prices, rents, supply and how affordable it is to live here.

FHFA House Price Index
467.3
2025 · FHFA all-transactions index
Median value of owner-occupied homes
$215,600
2024 · Census American Community Survey 1-year estimates
Rent of primary residence index (South region)
402.3
2025 · BLS CPI-U
Total housing units
1,421,029
2024 · Census American Community Survey 1-year estimates
New private housing units authorized
15,465
2025 · Census Building Permits Survey
Homeownership rate (CPS/HVS)
68.9%
2025 · Census Housing Vacancy Survey
Housing price level vs U.S. (RPP rents)
58.2
2024 · BEA Regional Price Parities
Rental vacancy rate
10.1%
2025 · Census Housing Vacancy Survey

Historical data

Pick an indicator to see its long-run evolution.

Median home value

1990–2024
$164,000▲ 254%

Census / Zillow ZHVI, nominal dollars.

Home Prices

Arkansas's median home sale price was about $210,000 in 2024.

FHFA House Price Index
467.3
2025 · FHFA all-transactions index
Median sale price
$210,000
2024

FHFA House Price Index

1975–2025
467.3▲ 635%

FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (ARSTHPI).

IndicatorArkansasU.S.
Median home price210000360000

Median Home Value

Arkansas housing is highly affordable, with a median home value near $198,000, though Northwest Arkansas prices are climbing fast.

Median value of owner-occupied homes
$215,600
2024 · Census American Community Survey 1-year estimates
Median home value
$198,000
Rank
48th
Year-over-year change
+5.6%

Median value of owner-occupied homes

2008–2024
$215,600▲ 104%

Census American Community Survey 1-year estimates, B25077 (2020 not released).

IndicatorArkansasU.S.
Median home value (USD)198000340000

Rent Prices

Arkansas's median gross rent is about $950 per month, among the lowest in the U.S.

Rent of primary residence index (South region)
402.3
2025 · BLS CPI-U
Median gross rent
$950
2024

Rent of primary residence index (South region)

2006–2025
402.3▲ 100%

BLS CPI-U, South region, annual average (CUUR0300SEHA).

IndicatorArkansasU.S.
Median gross rent9501372

Housing Inventory

Arkansas has about 1.37 million total housing units.

Total housing units
1,421,029
2024 · Census American Community Survey 1-year estimates
Vacant housing units
12.3%
2024 · Census American Community Survey 1-year estimates

Total housing units

2008–2024
1,421,029▲ 9%

Census American Community Survey 1-year estimates, B25001 (2020 not released).

Vacant housing units

2008–2024
12.3%

Census American Community Survey 1-year estimates, B25002 (2020 not released).

Building Permits

Arkansas issued about 9,000 residential building permits in 2023.

New private housing units authorized
15,465
2025 · Census Building Permits Survey
Building permits (2023)
9,000
2024

New private housing units authorized

1988–2025
15,465▲ 145%

Census Building Permits Survey, sum of 12 months (FRED ARBPPRIV).

Homeownership Rate

Arkansas's homeownership rate is about 66%, above the national average.

Homeownership rate (CPS/HVS)
68.9%
2025 · Census Housing Vacancy Survey
Homeownership rate
66.0%
2024

Homeownership rate (CPS/HVS)

1984–2025
68.9%

Census Housing Vacancy Survey, annual (FRED ARHOWN).

IndicatorArkansasU.S.
Homeownership rate6665.6

Housing Affordability

Arkansas's price-to-income ratio is about 3.6, one of the most affordable in the nation.

Housing price level vs U.S. (RPP rents)
58.2
2024 · BEA Regional Price Parities
Price-to-income ratio
3.6
2024

Housing price level vs U.S. (RPP rents)

2008–2024
58.2▼ 1%

BEA Regional Price Parities, housing services (SARPP line 3).

IndicatorArkansasU.S.
Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities58.2100

Vacancy Rate

Arkansas's rental vacancy rate is about 12%, above the national average.

Rental vacancy rate
10.1%
2025 · Census Housing Vacancy Survey
Homeowner vacancy rate
1.6%
2025 · Census Housing Vacancy Survey
Vacancy rate
12.0%
2024

Rental vacancy rate

1986–2025
10.1%

Census Housing Vacancy Survey, annual (FRED ARRVAC).

Homeowner vacancy rate

1986–2025
1.6%

Census Housing Vacancy Survey, annual (FRED ARHVAC).

More figures

Median home value
$164,000
Among the lowest in the U.S.
Median monthly rent
$880
2023
Homeownership rate
66.6%
Total housing units
1.38 M
Vacancy rate
13.3%
Building permits
≈ 8,900
2023
Effective property tax
0.61%