CostBy County

Cost of Living in Greene County, Arkansas

$904/mo
Median Monthly Rent
$169,300
Median Home Value

At a Glance

Median Monthly Rent
$904/mo
17% above state average
Median Home Value
$169,300
49% below national
Census GRAPI
29.6%
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 Greene County Compares

Median monthly rent comparison

Greene County$904/mo
Arkansas Average$774/mo
National Median$1,413/mo

Detailed Housing Stats

$904/mo
Median Gross Rent
$169,300
Median Home Value
$820/mo
Monthly Owner Cost
29.6%
Census GRAPI

National Ranking

Affordability Rank

Greene County ranks #1,640 of 3,142 counties for affordability (bottom 48%)

Most AffordableLeast Affordable

Sourced county brief

Greene County Median Monthly Owner Costs Reach $820

In Greene County, the median selected monthly owner costs for all owner-occupied units were $820 per month, which is $157 above the Arkansas unweighted county mean of $663. Median gross rent was estimated at $904 per month, exceeding the state unweighted county mean of $774. The official ACS B25071 median gross rent as a percentage of household income was 29.6%, representing a difference of 1.2 percentage points from the Arkansas unweighted county mean official GRAPI of 28.4%. The median income for renter households was $33,651, and the median home value was $169,300, which is higher than the state unweighted county mean of $141,465. All figures are based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates from tables B25064, B25071, B25077, B25088, and B25119. Data version is acs5-2020-2024 and methodology version is cost-brief-v1. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Greene County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.6% of renter household income in Greene 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 $904 per month; median selected monthly owner costs are $820. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $36,160 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. Greene County's $904 median is 16.8% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Greene County

$

Rent Burden

18.8%

of gross income

Max Housing (28% Rule)

$1,350

per month

Owner Cost Burden

17.0%

of gross income

The median home in Greene County may be a stretch

Median home value is $169,300. Estimated monthly cost: $1,352 vs. your max of $1,350.

Rent Affordability Guide

Your entered rent as a share of entered income18.8%
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: $57,839Needed: $36,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,839Needed: $35,143
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,839Needed: $39,401

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 Greene County, Arkansas?
Greene County, Arkansas has a median monthly rent of $904/mo and a median home value of $169,300. The affordability rating is Affordable, with median gross rent equal to approximately 29.6% of renter household income.
What is the median rent in Greene County?
The median gross rent in Greene County is $904/mo. This is 17% above state average for Arkansas.
Is Greene County affordable?
Greene County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.6%. Median gross rent is under 30% of renter household income.
How does Greene County's rent compare to the state average?
Greene County's median rent of $904/mo is 17% above state average of $774/mo for Arkansas.
What is the median home value in Greene County?
The median home value in Greene County, Arkansas is $169,300. This is 49% 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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