Cost of Living in Ouachita County, Arkansas

$714/mo
Median Monthly Rent
$99,600
Median Home Value

At a Glance

Median Monthly Rent
$714/mo
6% below state average
Median Home Value
$99,600
65% below national
Rent-to-Income Ratio
28.0%
% 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 Ouachita County Compares

Median monthly rent comparison

Ouachita County$714/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$714/mo
Median Gross Rent
$99,600
Median Home Value
$589/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Ouachita County ranks #1,895 of 3,144 counties for affordability (bottom 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Ouachita County, Arkansas

Ouachita punches above its weight

Ouachita County's rent-to-income ratio of 17.2% sits below both the national average and Arkansas's 18.1% state average, despite a median household income of $49,838 (33% below the U.S. average). The county's $714 rent creates genuine affordability for a lower-income region.

Ouachita ranks solidly in Arkansas

Ouachita's 17.2% rent-to-income ratio beats the state average of 18.1%, positioning the county among Arkansas's more affordable options. At $714 monthly rent, Ouachita remains competitive statewide while maintaining reasonable incomes above $49,000.

Ouachita balances rent and income well

Ouachita's $714 rent undercuts Montgomery ($734) and Nevada ($841) while exceeding Newton ($629), striking a middle ground regionally. With a median income of $49,838, Ouachita residents maintain better earning power than Nevada ($41,761) while enjoying comparable rents.

Ouachita's housing split between renters and owners

Renters pay $714 monthly while homeowners spend $589, with both dedicating roughly 17% of their $49,838 income to housing. This balanced burden allows households to manage other expenses without extreme financial stress.

Ouachita works for balanced budgeting

Ouachita offers solid affordability with rents below the state average and a rent-to-income ratio that beats Arkansas's median. If you're seeking stable, predictable housing costs in a region with modest but adequate incomes, Ouachita merits consideration.

Cost of Living Advisory: Ouachita County

Affordability Verdict

Housing in Ouachita County is affordable. The median rent is $714/month against a median household income of $49,838, putting rent at 17.2% of income.

Rent vs. Own

The median rent in Ouachita County is $714/month, while owner costs run $589/month. Owning saves approximately $125/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,560/year. For owner costs at the 28% rule, the required income is roughly $25,243/year. With a median household income of $49,838, most households can comfortably afford rent here. Notably, 28.0% of renter households in Ouachita County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Arkansas, Ouachita County is more affordable than Jackson County by roughly 8% ($714/mo vs $662/mo).

Affordability Calculator

See how your income compares to housing costs in Ouachita County

$

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$1,163

per month

Owner Cost Burden

14.2%

of gross income

You can likely afford the median home in Ouachita County

Median home value is $99,600. Estimated monthly cost: $795 vs. your max of $1,163.

Rent Affordability Guide

Your rent-to-income ratio17.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,838Needed: $28,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,838Needed: $25,243
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,838Needed: $23,180

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Ouachita County, Arkansas?
Ouachita County, Arkansas has a median monthly rent of $714/mo and a median home value of $99,600. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Ouachita County?
The median gross rent in Ouachita County is $714/mo. This is 6% below state average for Arkansas.
Is Ouachita County affordable?
Ouachita County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ouachita County's rent compare to the state average?
Ouachita County's median rent of $714/mo is 6% below state average of $760/mo for Arkansas.
What is the median home value in Ouachita County?
The median home value in Ouachita County, Arkansas is $99,600. This is 65% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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