RentData

Average Rent in Cleveland County, AR↑ Rents rising 3.3% YoY🔻 3rd cheapest in AR

HUD FY2027 · Official government data · Updated annually · Metro pop. 7,491

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Cleveland County, AR has rental prices ranging from $646/month to $1,274/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $695/month — 50% below the national average of $1,400/month. With a median household income of $50,509/year, spending $695/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Cleveland County Compares

With an average 2-bedroom rent of $909/month, Cleveland County ranks #68 most expensive of the 70 cities tracked in Arkansas — more affordable than 94% of all US cities in our data.

The Cleveland County Rental Market

The Cleveland County, AR area has a population of about 7,491 and 21% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Cleveland County, AR have risen by $29/month (3.3%) over the past year, from $880 to $909. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Cleveland County, AR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,800. The local median household income of $50,509 exceeds that threshold by $22,709, making Cleveland County relatively accessible compared to local wages.

Fair Market Rents

HUD FY2027
Studio
$646
Affordable
1 Bedroom
$695
Affordable
2 Bedrooms
$909
↑3.3% YoY
Affordable
3 Bedrooms
$1,170
Affordable
4 Bedrooms
$1,274
Average
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Is Cleveland County, AR Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$36,360/year
Local median income: $50,509
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $909/month and 20% down on a — home at 7% rate.

Nearby Cities in ARlargest metros in the state

CityStudio1BR2BR3BRHome Value
Memphis$1,095$1,191$1,301$1,717—
Little Rock$964$969$1,121$1,504—
Fayetteville$916$1,056$1,256$1,739—
Franklin County$642$646$848$1,060—
Fort Smith$741$748$979$1,324—
Texarkana$839$874$1,118$1,403—

Rent or Buy in Cleveland County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Cleveland County data

$
Home Value
$350,000
2BR Rent
$909/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $909/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Cleveland County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Cleveland County

Compare rent & home prices by neighborhood

💵Rent Affordability in Cleveland County

Salary needed to afford rent here

🗺️All Cities in AR

See how Cleveland County ranks statewide

⚖️Compare Cleveland County

Side-by-side rent & cost of living with any city

📋AR Tenant Rights

Deposit limits, eviction laws & renters protections