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Lafayette County Housing Market

Arkansas · 75 counties · Ranked #36 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$74,600

vs national$74,600 vs $281,900 national

Median Gross Rent

$711/mo

vs national$711 vs $1,163 national

Effective Tax Rate

0.57%

vs national0.57% vs 1.02% national

Median Household Income

$37,237

vs national$37,237 vs $74,755 national

Affordability Ratio

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$422

Tax as % of Home Value

0.57%

Monthly Owner Cost

$503

Renter Income

$18,322

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Frequently Asked Questions

What is the median home value in Lafayette County?

The median home value in Lafayette County is $74,600. This is below the national median of $281,900.

How much is rent in Lafayette County?

The median gross rent in Lafayette County is $711 per month.

What is the property tax rate in Lafayette County?

The effective property tax rate in Lafayette County is 0.57%. The median annual property tax bill is $422.

Is Lafayette County affordable?

With a home-value-to-income ratio of 2x, Lafayette 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.