Cost of Living in Ashley County, Arkansas

$640/mo
Median Monthly Rent
$88,800
Median Home Value

At a Glance

Median Monthly Rent
$640/mo
16% below state average
Median Home Value
$88,800
68% below national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Ashley County Compares

Median monthly rent comparison

Ashley County$640/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$640/mo
Median Gross Rent
$88,800
Median Home Value
$489/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Ashley County ranks #1,926 of 3,144 counties for affordability (bottom 39%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Ashley County, Arkansas

Ashley County: Rock-Bottom Rent Costs

With a 17.3% rent-to-income ratio on median income of $44,481, Ashley County ranks well below the national affordability threshold while offering some of Arkansas's lowest rents. At just $640 monthly, the rent burden here remains manageable despite below-average income levels.

Among Arkansas's Most Affordable

Ashley County's 17.3% rent-to-income ratio sits just below the state average of 18.1%, and its $640 median rent ranks among the lowest in the state. This county stands out for renters and first-time buyers with limited budgets.

Cheapest Housing in Its Region

Ashley County's $640 rent undercuts every nearby comparison, beating Bradley County ($638—nearly identical) and significantly undercutting counties like Arkansas County ($799) and Carroll County ($818). Home values of $88,800 position Ashley as the most affordable entry point for homeownership in its area.

Low Income, Lower Housing Costs

Median household income of $44,481 is the second-lowest among these eight counties, yet renters allocate just $640 monthly to housing—enabling a lean but feasible budget. Homeowners pay only $489 monthly, freeing up cash for food, transportation, and emergencies.

Ashley County: Maximum Affordability

Relocating to Ashley County means stretching a tight budget further than almost anywhere else in Arkansas—rents and home values are genuinely low. This county suits workers accepting lower wages for guaranteed low housing costs and tight-knit rural community life.

Cost of Living Advisory: Ashley County

Affordability Verdict

Ashley County offers affordable rental housing at a median of $640/month — about 17.3% of the typical household income here.

Rent vs. Own

At $640/month rent versus $489/month in owner costs, owning is roughly $151/month cheaper — a 24% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,600/year. For owner costs at the 28% rule, the required income is roughly $20,957/year. With a median household income of $44,481, most households can comfortably afford rent here. Notably, 28.0% of renter households in Ashley County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Clay County where rent averages $696/month, Ashley County is approximately 8% less expensive.

Affordability Calculator

See how your income compares to housing costs in Ashley County

$

Rent Burden

17.3%

of gross income

Max Housing (28% Rule)

$1,038

per month

Owner Cost Burden

13.2%

of gross income

You can likely afford the median home in Ashley County

Median home value is $88,800. Estimated monthly cost: $709 vs. your max of $1,038.

Rent Affordability Guide

Your rent-to-income ratio17.3%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $44,481Needed: $25,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $44,481Needed: $20,957
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $44,481Needed: $20,666

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Ashley County, Arkansas?
Ashley County, Arkansas has a median monthly rent of $640/mo and a median home value of $88,800. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Ashley County?
The median gross rent in Ashley County is $640/mo. This is 16% below state average for Arkansas.
Is Ashley County affordable?
Ashley County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ashley County's rent compare to the state average?
Ashley County's median rent of $640/mo is 16% below state average of $760/mo for Arkansas.
What is the median home value in Ashley County?
The median home value in Ashley County, Arkansas is $88,800. This is 68% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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