Cost of Living in Lonoke County, Arkansas

$961/mo
Median Monthly Rent
$184,100
Median Home Value
26% above state averageUnaffordable

At a Glance

Median Monthly Rent
$961/mo
26% above state average
Median Home Value
$184,100
35% below national
Rent-to-Income Ratio
24.0%
% 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 Lonoke County Compares

Median monthly rent comparison

Lonoke County$961/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$961/mo
Median Gross Rent
$184,100
Median Home Value
$1,042/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Lonoke County, Arkansas

Lonoke: higher income, higher costs

Lonoke County renters spend 16.1% of income on housing, below the national average of roughly 18%, but median household income here ($71,449) approaches national figures ($74,755). Higher earnings translate to stronger affordability despite elevated absolute rent costs of $961 monthly.

Lonoke ranks affordable statewide

At 16.1% of income, Lonoke's rent-to-income ratio sits below Arkansas's 18.1% state average, reflecting both strong local incomes and manageable rents. With a median household income above the state norm, Lonoke offers superior affordability despite higher absolute costs.

Lonoke costs more, earns more too

Lonoke's $961 median rent exceeds neighboring Madison County ($727) and most regional peers, yet the county's higher income ($71,449) offset these higher costs. The rent-to-income ratio of 16.1% remains favorable compared to Little River (18.6%) and Marion County (20.2%).

Income advantage eases burden

Renters pay $961 monthly (16.1% of the $71,449 household income), while homeowners pay $1,042—the highest monthly owner cost in the cohort. Despite steep absolute costs, Lonoke's higher income makes both renting and owning proportionally affordable.

Lonoke for those earning more

If your income exceeds county medians or you're relocating for a higher-paying job, Lonoke's stronger economy and reasonable rent burden make it attractive. Prospective homebuyers should note the elevated monthly costs ($1,042) but balanced against median values of $184,100 and solid affordability.

Affordability Calculator

See how your income compares to housing costs in Lonoke County

$

Rent Burden

16.1%

of gross income

Max Housing (28% Rule)

$1,667

per month

Owner Cost Burden

17.5%

of gross income

You can likely afford the median home in Lonoke County

Median home value is $184,100. Estimated monthly cost: $1,470 vs. your max of $1,667.

Rent Affordability Guide

Your rent-to-income ratio16.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lonoke County, Arkansas?
Lonoke County, Arkansas has a median monthly rent of $961/mo and a median home value of $184,100. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Lonoke County?
The median gross rent in Lonoke County is $961/mo. This is 26% above state average for Arkansas.
Is Lonoke County affordable?
Lonoke County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lonoke County's rent compare to the state average?
Lonoke County's median rent of $961/mo is 26% above state average of $760/mo for Arkansas.
What is the median home value in Lonoke County?
The median home value in Lonoke County, Arkansas is $184,100. This is 35% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.