Cost of Living in Clay County, Arkansas

$696/mo
Median Monthly Rent
$88,100
Median Home Value
8% below state averageUnaffordable

At a Glance

Median Monthly Rent
$696/mo
8% below state average
Median Home Value
$88,100
69% below national
Rent-to-Income Ratio
23.0%
% 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 Clay County Compares

Median monthly rent comparison

Clay County$696/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$696/mo
Median Gross Rent
$88,100
Median Home Value
$564/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Clay County, Arkansas

Clay County offers solid national affordability

At 17.2%, Clay County's rent-to-income ratio beats Arkansas's state average of 18.1%, placing it among more affordable U.S. markets. The median household income of $48,500 is below the national average of $74,755, but housing costs remain manageable relative to local earnings.

Clay ranks above average for affordability

Clay County outperforms most Arkansas counties on housing affordability, with a 17.2% rent-to-income ratio and median home values of $88,100. This positions Clay as one of the state's more accessible markets for renters and budget-conscious buyers.

Clay's rents undercut state norms

Clay's median rent of $696 falls below Arkansas's state average of $760, and its 17.2% rent-to-income ratio ranks among the best in its region. Compared to nearby Cleburne County ($853/month), Clay offers significantly lower rental costs.

Clay renters spend 17% on housing

Clay County households earning $48,500 annually pay $696 monthly for rent—about 17% of income, well-balanced for financial stability. Owner costs average $564 monthly, and median home values of $88,100 make homeownership attainable for working families.

Clay County rewards cost-conscious movers

Clay County delivers strong affordability metrics for renters and first-time homebuyers seeking rural Arkansas living at accessible prices. If you're evaluating the region, Clay's combination of low rents and home values edges out nearby Chicot and Cleburne counties.

Affordability Calculator

See how your income compares to housing costs in Clay County

$

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$1,132

per month

Owner Cost Burden

14.0%

of gross income

You can likely afford the median home in Clay County

Median home value is $88,100. Estimated monthly cost: $703 vs. your max of $1,132.

Rent Affordability Guide

Your rent-to-income ratio17.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Clay County, Arkansas?
Clay County, Arkansas has a median monthly rent of $696/mo and a median home value of $88,100. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Clay County?
The median gross rent in Clay County is $696/mo. This is 8% below state average for Arkansas.
Is Clay County affordable?
Clay County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Clay County's rent compare to the state average?
Clay County's median rent of $696/mo is 8% below state average of $760/mo for Arkansas.
What is the median home value in Clay County?
The median home value in Clay County, Arkansas is $88,100. This is 69% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.