Housing decision brief
Conway County, AR Housing Market
Conway County screens as a higher purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
49th lowest home value out of 75 Arkansas counties with data | 34th lowest rent out of 75
Median home value
$137,000
Purchase-price signal from Census ACS.
Median rent
$721/mo
Gross rent, including utilities where reported.
Monthly owner cost
$594/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.7x
Median home value divided by local household income.
Rent burden
33.0%
At or above the 30% burden threshold.
Rent vs own
$127/mo
Median owner cost screens below median rent.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower rent
$721/mo is 1% below Arkansas county median
Owning screens cheaper than renting
Median owner costs are $127/mo below median rent before individual mortgage terms.
What to Check
Health context
Health score is 29.9 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Households weighing ownership against renting
Poor Fit For
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Conway County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $137,000 | $122,600 | $281,900 | 12% pressure12% above Arkansas county median |
Median gross rent Lower usually helps affordability. | $721 | $727 | $1,163 | Near state median1% below Arkansas county median |
Monthly owner cost Lower usually helps affordability. | $594 | $589 | $1,672 | Near state median1% above Arkansas county median |
Median household income | $51,212 | $50,221 | $74,755 | Near state median2% above Arkansas county median |
Effective property-tax rate Lower usually helps affordability. | 0.52% | 0.53% | 1.02% | Near state median1% below Arkansas county median |
Rent burden Lower usually helps affordability. | 33.00% | 27.00% | N/A | 22% pressure33.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$22,372
Median income minus rent threshold.
Owner cushion
+$25,755
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
For renters in Conway County, the market is affordable. Expect to pay around $721/month in gross rent, with 33.0% of renter households considered cost-burdened.
Rent vs own
The median rent in Conway County is $721/month, while owner costs run $594/month. Owning saves approximately $127/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,840/year. For owner costs at the 28% rule, the required income is roughly $25,457/year. With a median household income of $51,212, most households can comfortably afford rent here. Notably, 33.0% of renter households in Conway County are cost-burdened, spending more than 30% of income on housing.
Regional context
Within Arkansas, Conway County is less affordable than Grant County by roughly 7% ($721/mo vs $779/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Montgomery County, AR | $136,000 | $734/mo | Same-state comparison near $136,000 home value and $734/mo rent. |
| Clark County, AR | $147,100 | $734/mo | Same-state comparison near $147,100 home value and $734/mo rent. |
| Logan County, AR | $126,900 | $721/mo | Same-state comparison near $126,900 home value and $721/mo rent. |
| Hot Spring County, AR | $127,900 | $763/mo | Same-state comparison near $127,900 home value and $763/mo rent. |
| Franklin County, AR | $118,800 | $717/mo | Same-state comparison near $118,800 home value and $717/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Conway County
Is Conway County affordable for buying a home?
Is renting or owning cheaper in Conway County?
How much income do you need for housing in Conway County?
What should I double-check before moving to Conway County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.