Cost of Living in Lawrence County, Arkansas

$715/mo

Median Monthly Rent

$91,100

Median Home Value

6% below state averageUnaffordable

At a Glance

Median Monthly Rent

$715/mo

6% below state average

Median Home Value

$91,100

68% below national

Rent-to-Income Ratio

27.0%

% 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 Lawrence County Compares

Median monthly rent comparison

Lawrence County$715/mo

Arkansas Average$760/mo

National Median$1,163/mo

Detailed Housing Stats

$715/mo

Median Gross Rent

$91,100

Median Home Value

$546/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Lawrence County, Arkansas

Lawrence County edges above national norms

Lawrence County's rent-to-income ratio of 19.4% sits slightly above national averages, with median rent of $715 remaining well below typical U.S. levels. Median household income of $44,164 falls 41% short of the national median, keeping overall affordability reasonable despite income constraints.

Slightly above Arkansas state average

At 19.4%, Lawrence County's rent-to-income ratio exceeds Arkansas's 18.1% state average, placing it in the less affordable tier statewide. Median rent of $715 tracks close to the state median of $760, while lower incomes push affordability pressure modestly above state norms.

Rents climb slightly above Izard

Lawrence County's $715 median rent runs $89 higher than nearby Izard County but remains competitive with Johnson County ($714) and Lee County ($638). Home values of $91,100 sit solidly in the region's affordable range, offering modest homeownership opportunities.

Housing claims steady household portion

Lawrence residents earning $44,164 dedicate 19.4% to rent ($715/month) and 14.8% to mortgage costs, totaling 34.2% toward housing annually. This allocation leaves moderate room for other essentials, though income constraints limit financial flexibility overall.

Lawrence suits budget-conscious relocators

Lawrence County offers a reasonable balance of modest rents, affordable homes, and manageable affordability burden, making it worth considering for those relocating within Arkansas's rural northeast. Ensure incoming income aligns with or exceeds the county median to maintain comfortable housing and living standards.

Affordability Calculator

See how your income compares to housing costs in Lawrence County

Your Annual Household Income

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$1,030

per month

Owner Cost Burden

14.8%

of gross income

You can likely afford the median home in Lawrence County

Median home value is $91,100. Estimated monthly cost: $727 vs. your max of $1,030.

Rent Affordability Guide

Your rent-to-income ratio19.4%

Recommended max30.0%

Frequently Asked Questions

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

Lawrence County, Arkansas has a median monthly rent of $715/mo and a median home value of $91,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Lawrence County?

The median gross rent in Lawrence County is $715/mo. This is 6% below state average for Arkansas.

Is Lawrence County affordable?

Lawrence County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Lawrence County's median rent of $715/mo is 6% below state average of $760/mo for Arkansas.

What is the median home value in Lawrence County?

The median home value in Lawrence County, Arkansas is $91,100. This is 68% below the national median home value of $281,900.