Cost of Living in Perry County, Arkansas

$734/mo
Median Monthly Rent
$129,300
Median Home Value
3% below state averageUnaffordable

At a Glance

Median Monthly Rent
$734/mo
3% below state average
Median Home Value
$129,300
54% 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 Perry County Compares

Median monthly rent comparison

Perry County$734/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$734/mo
Median Gross Rent
$129,300
Median Home Value
$497/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Perry County, Arkansas

Perry leads Arkansas on affordability

Perry County residents spend just 14.7% of their income on rent—the lowest ratio among all counties examined and well below the national average. With a median household income of $60,078 and rent at $734 monthly, Perry delivers the strongest affordability profile for renters.

Perry outpaces Arkansas's average

Perry's rent-to-income ratio of 14.7% significantly beats Arkansas's 18.1% state average, making it one of the state's most affordable counties. The combination of above-average county income and reasonable rents creates Perry's affordability advantage.

Perry's income advantage shows clearly

Perry's $60,078 median income exceeds all regional neighbors—topping Montgomery ($49,015) by $11,000 and Nevada ($41,761) by $18,000. At $734 rent, Perry residents dedicate a smaller share of their larger paychecks to housing than surrounding counties.

Perry's households breathe easier

Renters pay $734 monthly while homeowners spend $497, with both dedicating roughly 15% of their $60,078 income to housing. This leaves Perry households roughly 3% more of their income for other necessities than the regional average.

Perry: the region's affordability leader

Perry County combines the region's highest median income with solid, below-average rents and the lowest rent-to-income ratio. For relocators seeking genuine affordability alongside earning power, Perry stands out as the region's best value.

Affordability Calculator

See how your income compares to housing costs in Perry County

$

Rent Burden

14.7%

of gross income

Max Housing (28% Rule)

$1,402

per month

Owner Cost Burden

9.9%

of gross income

You can likely afford the median home in Perry County

Median home value is $129,300. Estimated monthly cost: $1,032 vs. your max of $1,402.

Rent Affordability Guide

Your rent-to-income ratio14.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Perry County, Arkansas?
Perry County, Arkansas has a median monthly rent of $734/mo and a median home value of $129,300. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Perry County?
The median gross rent in Perry County is $734/mo. This is 3% below state average for Arkansas.
Is Perry County affordable?
Perry 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 Perry County's rent compare to the state average?
Perry County's median rent of $734/mo is 3% below state average of $760/mo for Arkansas.
What is the median home value in Perry County?
The median home value in Perry County, Arkansas is $129,300. This is 54% 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.