Cost of Living in Cleveland County, Arkansas

$635/mo

Median Monthly Rent

$123,400

Median Home Value

16% below state averageUnaffordable

At a Glance

Median Monthly Rent

$635/mo

16% below state average

Median Home Value

$123,400

56% below national

Rent-to-Income Ratio

30.0%

% 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 Cleveland County Compares

Median monthly rent comparison

Cleveland County$635/mo

Arkansas Average$760/mo

National Median$1,163/mo

Detailed Housing Stats

$635/mo

Median Gross Rent

$123,400

Median Home Value

$588/mo

Monthly Owner Cost

30.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Cleveland County, Arkansas

Cleveland excels on affordability ratios

Cleveland County's 15.1% rent-to-income ratio beats both the state average of 18.1% and signals strong national affordability standing. The median household income of $50,509, while below the national median of $74,755, combines with low rents to create one of Arkansas's best housing values.

Cleveland leads state affordability rankings

Cleveland County ranks among Arkansas's most affordable counties, with a 15.1% rent-to-income ratio substantially below the state average. This advantage makes Cleveland an exceptional market for renters and budget-conscious relocators.

Cleveland's rents beat most neighbors

Cleveland's $635 monthly median rent is the lowest in its region—significantly below state average ($760) and undercuts nearby Clay ($696) and Conway ($721). This rental advantage, combined with reasonable income levels, makes Cleveland uniquely affordable.

Cleveland renters spend just 15%

Cleveland households earning $50,509 pay only $635 monthly for rent—just 15% of income, the lowest burden among comparable counties. Owner costs of $588 monthly and home values of $123,400 further strengthen Cleveland's affordability profile for both renters and buyers.

Cleveland County is the affordability winner

If housing affordability is your priority in rural Arkansas, Cleveland County delivers the best rent-to-income ratio in its region at 15.1%. Compare Cleveland's $635 rent against Chicot ($661), Clay ($696), and Cleburne ($853) to confirm it's your best financial fit.

Affordability Calculator

See how your income compares to housing costs in Cleveland County

Your Annual Household Income

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,179

per month

Owner Cost Burden

14.0%

of gross income

You can likely afford the median home in Cleveland County

Median home value is $123,400. Estimated monthly cost: $985 vs. your max of $1,179.

Rent Affordability Guide

Your rent-to-income ratio15.1%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Cleveland County, Arkansas?

Cleveland County, Arkansas has a median monthly rent of $635/mo and a median home value of $123,400. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.

What is the median rent in Cleveland County?

The median gross rent in Cleveland County is $635/mo. This is 16% below state average for Arkansas.

Is Cleveland County affordable?

Cleveland County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Cleveland County's rent compare to the state average?

Cleveland County's median rent of $635/mo is 16% below state average of $760/mo for Arkansas.

What is the median home value in Cleveland County?

The median home value in Cleveland County, Arkansas is $123,400. This is 56% below the national median home value of $281,900.