Cost of Living in Miller County, Arkansas

$882/mo
Median Monthly Rent
$148,200
Median Home Value
16% above state averageUnaffordable

At a Glance

Median Monthly Rent
$882/mo
16% above state average
Median Home Value
$148,200
47% below national
Rent-to-Income Ratio
31.0%
% 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 Miller County Compares

Median monthly rent comparison

Miller County$882/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$882/mo
Median Gross Rent
$148,200
Median Home Value
$644/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Miller County, Arkansas

Miller County rents strain wallets

Miller County renters spend 21.2% of income on housing, significantly above the national average of roughly 18%, creating notable affordability pressure. With a median household income of $49,983, the $882 median rent consumes a larger share of earnings than most Americans face.

Miller ranks least affordable here

Miller County has the highest rent-to-income ratio (21.2%) among the eight counties profiled and well above Arkansas's 18.1% state average, making it the least affordable. The median rent of $882 pairs with below-average income, creating the toughest renting climate in this group.

Miller rents bite deepest here

Miller County's $882 median rent and 21.2% rent-to-income ratio exceed all peer counties in this analysis, reflecting both high absolute costs and low relative income. Only Marion County (20.2%) comes close to Miller's affordability strain, though Miller remains the most burdened.

Renters face steeper burden

Renters pay $882 monthly (21.2% of the $49,983 household income)—the highest rent burden by ratio in this cohort—while homeowners pay $644 (12.9% of income). Ownership costs are roughly half the rent proportion, offering meaningful relief for those able to purchase.

Miller County: prioritize ownership

If relocating to Miller County, renting consumes over 21% of income, making homeownership pursuit critical for affordability; median home value of $148,200 is reachable for many buyers. Compare Miller carefully against neighboring counties; significant savings may be found by exploring adjacent areas.

Affordability Calculator

See how your income compares to housing costs in Miller County

$

Rent Burden

21.2%

of gross income

Max Housing (28% Rule)

$1,166

per month

Owner Cost Burden

15.5%

of gross income

The median home in Miller County may be a stretch

Median home value is $148,200. Estimated monthly cost: $1,183 vs. your max of $1,166.

Rent Affordability Guide

Your rent-to-income ratio21.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Miller County, Arkansas?
Miller County, Arkansas has a median monthly rent of $882/mo and a median home value of $148,200. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Miller County?
The median gross rent in Miller County is $882/mo. This is 16% above state average for Arkansas.
Is Miller County affordable?
Miller County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Miller County's rent compare to the state average?
Miller County's median rent of $882/mo is 16% above state average of $760/mo for Arkansas.
What is the median home value in Miller County?
The median home value in Miller County, Arkansas is $148,200. This is 47% 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.