Average Rent in Sharp County, AR↑ Rents rising 4.2% YoY🔻 2nd cheapest in AR
HUD FY2025 · Official government data · Updated annually · Metro pop. 17,597
Market Overview
Sharp County, AR has rental prices ranging from $632/month to $1,347/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $646/month — 54% below the national average of $1,400/month. With a median household income of $42,950/year, spending $646/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Sharp County Compares
With an average 2-bedroom rent of $848/month, Sharp County ranks #66 most expensive of the 67 cities tracked in Arkansas — more affordable than 94% of all US cities in our data.
The Sharp County Rental Market
The Sharp County, AR area has a population of about 17,597 and 20% 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 Sharp County, AR have risen by $34/month (4.2%) over the past year, from $814 to $848. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Sharp County, AR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $25,840. The local median household income of $42,950 exceeds that threshold by $17,110, making Sharp County relatively accessible compared to local wages.
Economy & Jobs
Sharp County, AR has an unemployment rate of 4.8%, 0.9 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.
Fair Market Rents
HUD FY2025Is Sharp County, AR Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in ARlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Memphis | $1,105 | $1,207 | $1,355 | $1,781 | — |
| Little Rock | $887 | $892 | $1,032 | $1,376 | — |
| Fayetteville | $853 | $925 | $1,111 | $1,557 | — |
| Franklin County | $642 | $646 | $848 | $1,060 | — |
| Fort Smith | $689 | $694 | $910 | $1,236 | — |
| Texarkana | $848 | $853 | $1,071 | $1,327 | — |
Rent or Buy in Sharp County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Sharp County data
Renting appears to be the better financial choice for this scenario.
Living in Sharp County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Sharp CountySalary needed to afford rent here
🗺️All Cities in ARSee how Sharp County ranks statewide
⚖️Compare Sharp CountySide-by-side rent & cost of living with any city
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