Cost of Living in Pike County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Pike County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Pike County ranks #409 of 3,144 counties for affordability (top 13%)
Data Story
About Cost of Living in Pike County, Arkansas
Pike balances income and rent well
Pike County's rent-to-income ratio of 15.8% beats both the national average and Arkansas's 18.1% state average. At $671 monthly rent on a $51,000 median income, Pike delivers solid affordability for a lower-income region.
Pike ranks among Arkansas's affordable
Pike's 15.8% rent-to-income ratio outperforms the state average of 18.1%, positioning the county among Arkansas's better affordability options. The county's $671 monthly rent—among the lowest regionally—supports this advantage.
Pike offers competitive regional rents
Pike's $671 rent undercuts most neighbors, trailing only Newton ($629) while beating Montgomery ($734), Nevada ($841), and Ouachita ($714). Combined with a solid $51,000 median income, Pike creates attractive affordability for regional renters.
Pike's housing remains manageable
Renters pay $671 monthly while homeowners spend $536, with both dedicating roughly 16% of their $51,000 income to housing. Pike's balanced burden allows households to manage other expenses without extreme financial strain.
Pike offers solid rental affordability
Pike County delivers low rents ($671) and below-average rent-to-income ratios alongside reasonable median income. If you're seeking an affordable, stable housing market in rural Arkansas, Pike merits serious consideration.
Cost of Living Advisory: Pike County
Affordability Verdict
For renters in Pike County, the market is affordable. Expect to pay around $671/month in gross rent, with 33.0% of renter households considered cost-burdened.
Rent vs. Own
At $671/month rent versus $536/month in owner costs, owning is roughly $135/month cheaper — a 20% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,840/year. For owner costs at the 28% rule, the required income is roughly $22,971/year. With a median household income of $51,000, most households can comfortably afford rent here. Notably, 33.0% of renter households in Pike County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Pike County sits 7% less expensive than Sevier County ($725/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Pike County
Rent Burden
15.8%
of gross income
Max Housing (28% Rule)
$1,190
per month
Owner Cost Burden
12.6%
of gross income
You can likely afford the median home in Pike County
Median home value is $115,400. Estimated monthly cost: $921 vs. your max of $1,190.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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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.
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