CostBy County

Cost of Living in Clay County, Arkansas

$707/mo
Median Monthly Rent
$94,600
Median Home Value

At a Glance

Median Monthly Rent
$707/mo
9% below state average
Median Home Value
$94,600
72% below national
Census GRAPI
26.4%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Clay County Compares

Median monthly rent comparison

Clay County$707/mo
Arkansas Average$774/mo
National Median$1,413/mo

Detailed Housing Stats

$707/mo
Median Gross Rent
$94,600
Median Home Value
$571/mo
Monthly Owner Cost
26.4%
Census GRAPI

National Ranking

Affordability Rank

Clay County ranks #262 of 3,142 counties for affordability (top 8%)

Most AffordableLeast Affordable

Sourced county brief

Clay County GRAPI Measured at 26.4 Percent

In Clay County, the median gross rent as a percentage of household income (GRAPI) was 26.4%, which is 2.0 percentage points below the state unweighted county mean official GRAPI of 28.4%. This 26.4% value serves as the canonical rent-to-income percentage and is sourced from official ACS B25071 GRAPI data. The median gross rent in the county was estimated at $707 per month, lower than the state unweighted county mean of $774. The median home value in Clay County was $94,600, while the unweighted county mean across Arkansas was $141,465. Owners of occupied units faced median selected monthly owner costs of $571, compared to the state unweighted county mean of $663. The median renter-household income was recorded as $32,156. These figures offer a point-in-time assessment based on ACS 5-year estimates and are not intended as relocation or financial advice. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Clay County

Affordability Verdict

ACS B25071 estimates median gross rent at 26.4% of renter household income in Clay County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $707 per month; median selected monthly owner costs are $571. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $28,280 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Arkansas unweighted mean of county median rents is $774 per month. Clay County's $707 median is 8.7% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Clay County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$1,201

per month

Owner Cost Burden

13.3%

of gross income

You can likely afford the median home in Clay County

Median home value is $94,600. Estimated monthly cost: $755 vs. your max of $1,201.

Rent Affordability Guide

Your entered rent as a share of entered income16.5%
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: $51,481Needed: $28,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $51,481Needed: $24,471
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $51,481Needed: $22,016

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 Clay County, Arkansas?
Clay County, Arkansas has a median monthly rent of $707/mo and a median home value of $94,600. The affordability rating is Affordable, with median gross rent equal to approximately 26.4% of renter household income.
What is the median rent in Clay County?
The median gross rent in Clay County is $707/mo. This is 9% below state average for Arkansas.
Is Clay County affordable?
Clay County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 26.4%. Median gross rent is under 30% of renter household income.
How does Clay County's rent compare to the state average?
Clay County's median rent of $707/mo is 9% below state average of $774/mo for Arkansas.
What is the median home value in Clay County?
The median home value in Clay County, Arkansas is $94,600. This is 72% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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