Cost of Living in Izard County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Izard County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Izard County ranks #919 of 3,144 counties for affordability (top 29%)
Data Story
About Cost of Living in Izard County, Arkansas
Izard rents rank better than national average
At 15.7%, Izard County's rent-to-income ratio sits well below the national benchmark, giving renters more breathing room in their budgets. Median gross rent of $626 per month is considerably lower than what renters pay across the country, making housing more accessible despite incomes running 36% below the national median of $74,755.
One of Arkansas's most affordable counties
Izard County ranks among the state's most affordable places, with a rent-to-income ratio of 15.7% compared to Arkansas's 18.1% average. This advantage reflects both modest rental costs ($626 vs. the state median of $760) and relatively stable household incomes for the region.
Cheaper rents than similar counties
Izard County's $626 monthly rent undercuts nearby Johnson County ($714) and Lawrence County ($715), making it a rental bargain in northeast Arkansas. Median home values of $122,100 are competitive with neighboring counties, offering stability for buyers seeking affordable entry points.
Housing takes reasonable slice of income
With median household income at $47,728, Izard residents spend roughly 15.7% on rent and 14.3% on mortgage costs, well within sustainable ranges. Combined, housing consumes less than 30% of household income for most residents, leaving room for other necessities and savings.
Consider Izard for balanced affordability
If you're relocating to Arkansas and prioritize low housing costs without sacrificing homeownership prospects, Izard County delivers both affordable rents and moderately valued homes. The county's favorable rent-to-income ratio compared to state and national averages makes it worth serious consideration for budget-conscious movers.
Cost of Living Advisory: Izard County
Affordability Verdict
Izard County offers affordable rental housing at a median of $626/month — about 15.7% of the typical household income here.
Rent vs. Own
The median rent in Izard County is $626/month, while owner costs run $568/month. Owning saves approximately $58/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,040/year. For owner costs at the 28% rule, the required income is roughly $24,343/year. With a median household income of $47,728, most households can comfortably afford rent here. Notably, 27.0% of renter households in Izard County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Izard County sits 9% less expensive than Desha County ($689/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Izard County
Rent Burden
15.7%
of gross income
Max Housing (28% Rule)
$1,114
per month
Owner Cost Burden
14.3%
of gross income
You can likely afford the median home in Izard County
Median home value is $122,100. Estimated monthly cost: $975 vs. your max of $1,114.
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 Izard County, Arkansas?
What is the median rent in Izard County?
Is Izard County affordable?
How does Izard County's rent compare to the state average?
What is the median home value in Izard County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Izard County, Arkansas? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Izard County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.