Cost of Living in Montgomery County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Montgomery County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Montgomery County, Arkansas
Montgomery's rent squeeze vs. America
Montgomery County residents spend 18.0% of their income on rent, nearly matching the national average but on a median household income of just $49,015—35% below the U.S. average of $74,755. This affordability edge masks an underlying income challenge: locals earn less but pay roughly the same share of their paycheck for housing.
Middle of the Arkansas pack
Montgomery ranks near the state median for affordability, with a rent-to-income ratio of 18.0% compared to Arkansas's 18.1% average. The county's $734 median rent sits slightly below the state's $760 average, positioning it as a modestly affordable option within Arkansas.
How Montgomery stacks up locally
Montgomery's $734 rent falls between Perry County ($734) to the north and Newton County ($629) to the northeast. On income, Montgomery ($49,015) trails Perry ($60,078) but outpaces Nevada ($41,761), making it a middle ground for renters seeking balance in the region.
Where Montgomery's money goes
Renters pay $734 monthly while homeowners spend $492, but both groups spend roughly similar percentages of their $49,015 annual income on housing. Together, these costs consume about 17–18% of household earnings, leaving money for other essentials.
Consider Montgomery if affordability matters
Montgomery offers near-state-average affordability for renters and below-average homeownership costs ($492/month). If you're relocating from a pricier region or seeking modest living expenses in rural Arkansas, Montgomery deserves a closer look.
Affordability Calculator
See how your income compares to housing costs in Montgomery County
Rent Burden
18.0%
of gross income
Max Housing (28% Rule)
$1,144
per month
Owner Cost Burden
12.0%
of gross income
You can likely afford the median home in Montgomery County
Median home value is $136,000. Estimated monthly cost: $1,086 vs. your max of $1,144.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.