Little Rock

Arkansas · Ranked #13 of 102 metros

70Affordable

Median Home Price

🏠

$210K

Need $60K income

Median Rent

🔑

$950

Need $38K income

Housing Shortage

📉

10,000

units needed

Building Permits

🔨

4,500

annual

Median Income

💰

$56K

Pop: 748,031

Rent Burden

⚠️

28.5%

of renters paying >30%

Price Change (YoY)

📈

+3.5%

Homeownership

🏡

63.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricLittle RockNational
Price-to-Income Ratio3.7x6.1x
Rent Burden28.5%31.5%
Homeownership Rate63.0%65.5%
YoY Price Change+3.5%+3.5%
YoY Rent Change+2.5%+2.8%
Mortgage Denial Rate15.0%13.5%
Eviction Rate6.5%3.6%