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Cleveland County Housing Market

Arkansas · 75 counties · Ranked #702 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$123,400

vs national$123,400 vs $281,900 national

Median Gross Rent

$635/mo

vs national$635 vs $1,163 national

Effective Tax Rate

0.58%

vs national0.58% vs 1.02% national

Median Household Income

$50,509

vs national$50,509 vs $74,755 national

Affordability Ratio

2.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$716

Tax as % of Home Value

0.58%

Monthly Owner Cost

$588

Renter Income

$23,393

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Cleveland County?

The median home value in Cleveland County is $123,400. This is below the national median of $281,900.

How much is rent in Cleveland County?

The median gross rent in Cleveland County is $635 per month.

What is the property tax rate in Cleveland County?

The effective property tax rate in Cleveland County is 0.58%. The median annual property tax bill is $716.

Is Cleveland County affordable?

With a home-value-to-income ratio of 2.4x, Cleveland County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.