Cost of Living in Sharp County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Sharp County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Sharp County, Arkansas
Sharp matches the national test
Sharp County renters spend 18.1% of income on housing, exactly matching the national average. With a median income of just $42,950—43% below the national figure—residents here manage affordable rents through lower overall cost of living.
Average affordability, lower costs
Sharp County's 18.1% rent-to-income ratio ties the Arkansas state average, though its $648 median rent is the lowest among these eight counties. This creates an unusual advantage: state-typical affordability with below-average rents.
Cheapest rents in the survey
Sharp County's $648 rent undercuts every other county in this comparison, including Sevier's $725 and Van Buren's $727. This rock-bottom rent makes it exceptionally affordable despite the region's lowest median income of $42,950.
Ownership costs less than rent
Sharp County homeowners pay just $581 monthly, $67 below what renters spend, making ownership surprisingly affordable. The median home value of $94,600 represents one of the lowest in the region, enabling homeownership on modest incomes.
Sharp excels for minimal budgets
If housing costs are your primary concern, Sharp County delivers rock-bottom rents and the lowest home values in this set. This rural county rewards those seeking maximum affordability in Arkansas.
Affordability Calculator
See how your income compares to housing costs in Sharp County
Rent Burden
18.1%
of gross income
Max Housing (28% Rule)
$1,002
per month
Owner Cost Burden
16.2%
of gross income
You can likely afford the median home in Sharp County
Median home value is $94,600. Estimated monthly cost: $755 vs. your max of $1,002.
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.