Cost of Living in Mississippi County, Arkansas

$797/mo
Median Monthly Rent
$115,800
Median Home Value
5% above state averageUnaffordable

At a Glance

Median Monthly Rent
$797/mo
5% above state average
Median Home Value
$115,800
59% below national
Rent-to-Income Ratio
25.0%
% 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 Mississippi County Compares

Median monthly rent comparison

Mississippi County$797/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$797/mo
Median Gross Rent
$115,800
Median Home Value
$704/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Mississippi County, Arkansas

Mississippi County meets national standard

Mississippi County renters spend 17.9% of income on housing, just below the national average of roughly 18%, indicating solid affordability for renting. With median household income of $53,428 and median rent of $797, the county offers balanced housing costs relative to national benchmarks.

Mississippi performs near state average

Mississippi County's rent-to-income ratio of 17.9% sits just below Arkansas's state average of 18.1%, placing it near the middle tier of state affordability. The median rent of $797 slightly exceeds the state median of $760, offset by incomes near state norms.

Mississippi ranks in middle tier

Mississippi County's $797 median rent and 17.9% ratio sit between affordable peers like Madison ($727, 16.2%) and stressed counties like Miller ($882, 21.2%). The county offers moderate housing costs that reflect regional variation but remain manageable for most households.

Owners enjoy clear advantage

Renters pay $797 monthly (17.9% of the $53,428 household income), while homeowners pay $704—a relatively modest difference in absolute terms. Owner costs represent 13.2% of income, providing meaningful savings compared to renting.

Mississippi County offers balance

Mississippi County delivers middle-of-the-road affordability; renters find reasonable costs near national standards, while homebuyers enjoy solid value at a median of $115,800. If stability and balance matter to you, Mississippi County ranks among the safer affordability bets in this group.

Affordability Calculator

See how your income compares to housing costs in Mississippi County

$

Rent Burden

17.9%

of gross income

Max Housing (28% Rule)

$1,247

per month

Owner Cost Burden

15.8%

of gross income

You can likely afford the median home in Mississippi County

Median home value is $115,800. Estimated monthly cost: $924 vs. your max of $1,247.

Rent Affordability Guide

Your rent-to-income ratio17.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Mississippi County, Arkansas?
Mississippi County, Arkansas has a median monthly rent of $797/mo and a median home value of $115,800. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Mississippi County?
The median gross rent in Mississippi County is $797/mo. This is 5% above state average for Arkansas.
Is Mississippi County affordable?
Mississippi County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Mississippi County's rent compare to the state average?
Mississippi County's median rent of $797/mo is 5% above state average of $760/mo for Arkansas.
What is the median home value in Mississippi County?
The median home value in Mississippi County, Arkansas is $115,800. This is 59% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Mississippi County, Arkansas? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Mississippi County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.