Average Rent in Nevada County, AR↑ Rents rising 4.9% YoY

Nevada County, AR has rental prices ranging from $680/month to $1,340/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $731/month — 48% below the national average of $1,400/month. With a median household income of $41,761/year, spending $731/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.

How Nevada County Compares

With an average 2-bedroom rent of $956/month, Nevada County ranks #13 most expensive of the 70 cities tracked in Arkansas — more affordable than 79% of all US cities in our data.

The Nevada County Rental Market

The Nevada County, AR area has a population of about 8,228 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Nevada County, AR have risen by $45/month (4.9%) over the past year, from $911 to $956. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Nevada County, AR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,240. The local median household income of $41,761 exceeds that threshold by $12,521, making Nevada County relatively accessible compared to local wages.

Economy & Jobs

Nevada County, AR has an unemployment rate of 6.8%, 2.9 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Nevada County, AR Affordable?

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

Rent or Buy in Nevada County?

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

Living in Nevada County

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