Cost of Living in Boone County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Boone County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Boone County, Arkansas
Boone County: Sweet Spot Affordability
Boone County's 15.8% rent-to-income ratio sits well below the national affordability threshold, delivering genuine housing relief despite median income of $54,195. At just $715 monthly rent, this county offers renters and buyers straightforward, stress-free housing economics.
Better Than State Average on All Metrics
Boone County's 15.8% rent-to-income ratio and $715 median rent both beat Arkansas's state averages of 18.1% and $760 respectively. This consistent outperformance places Boone among Arkansas's most livable counties for budget-conscious households.
Middle Ground: Rents and Values Balanced
Boone County's $715 rent undercuts most neighbors—sitting $84 below Arkansas County ($799) and $103 below Baxter County ($866)—while home values of $169,300 remain accessible to working families. This positioning makes Boone competitive for both renters and first-time buyers.
Balanced Housing Across Tenure
Renters pay $715 while owners face $747 monthly—a remarkably tight spread indicating a stable, non-speculative market. With median income of $54,195, housing claims just 16% of annual earnings, preserving purchasing power for all other household needs.
Boone County: Affordable Living Without Sacrifice
Boone County delivers genuine affordability alongside manageable home values, making it ideal for families or remote workers seeking low housing burdens. This county represents excellent value compared to both state and national benchmarks.
Affordability Calculator
See how your income compares to housing costs in Boone County
Rent Burden
15.8%
of gross income
Max Housing (28% Rule)
$1,265
per month
Owner Cost Burden
16.5%
of gross income
The median home in Boone County may be a stretch
Median home value is $169,300. Estimated monthly cost: $1,352 vs. your max of $1,265.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Boone County, Arkansas?
What is the median rent in Boone County?
Is Boone County affordable?
How does Boone County's rent compare to the state average?
What is the median home value in Boone County?
Planning a Move?
Researching the cost of living in Boone County, Arkansas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Boone County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.