Cost of Living in Conway County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Conway County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Conway County ranks #482 of 3,142 counties for affordability (top 15%)
Sourced county brief
Conway County Housing Cost Statistics from 2020-2024 ACS
In Conway County, the median gross rent as a percentage of household income (GRAPI) was 29.7%. This is 1.3 percentage points higher than the Arkansas unweighted county mean official GRAPI of 28.4%. The 29.7% figure is the official canonical rent-to-income percentage derived from ACS B25071. The median gross rent in the county was estimated at $755 per month, below the state unweighted county mean of $774. For homeowners, the median home value was $154,100, which is above the state unweighted county mean of $141,465. Median selected monthly owner costs for all owner-occupied units were $608, while the state unweighted county mean was $663. Median renter-household income was recorded at $24,482 for the period. These figures represent housing data as estimated for the 2020-2024 American Community Survey window and do not constitute relocation advice. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Conway County
Affordability Verdict
ACS B25071 estimates median gross rent at 29.7% of renter household income in Conway 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 $755 per month; median selected monthly owner costs are $608. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $30,200 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. Conway County's $755 median is 2.5% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Conway County
Rent Burden
16.7%
of gross income
Max Housing (28% Rule)
$1,264
per month
Owner Cost Burden
13.5%
of gross income
You can likely afford the median home in Conway County
Median home value is $154,100. Estimated monthly cost: $1,230 vs. your max of $1,264.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Conway County, Arkansas?
What is the median rent in Conway County?
Is Conway County affordable?
How does Conway County's rent compare to the state average?
What is the median home value in Conway County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Conway County, Arkansas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Conway County
Whether you're buying in Conway County, Arkansas, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.