10 Cheapest Places To Live In Arkansas For 2019


We used data and science to determine which places in Arkansas go easy on your wallet.

Editor’s Note: We updated this article for 2019. This is our fourth time ranking the cheapest places to live in Arkansas.

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A wise sage once said:

“She works hard for the money…”

And these places in Arkansas definitely treat her right.

You see, these are the cities and places in Arkansas where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Natural State, then the cost of living should play a role in the decision.

So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 60 largest places in Arkansas, we were left with this set of the best value for your money.

So where is the cheapest place to live in Arkansas? That would be De Queen.

So listen up Fayetteville (the most expensive place in Arkansas) as we explain how we created this ranking. You could learn some things from the rest of the state.

And if you already knew these places were cheap, check out some more reading about Arkansas and the cheapest places in the country:

The 10 Cheapest Places To Live In Arkansas For 2019

De Queen, AR

Overall SnackAbility

4
/10

Population: 6,623
Rank Last Year: 3 (Up 2)
Home Price To Income Ratio: 2.1x (8th most affordable)
Income To Rent Ratio: 74.4x (9th cheapest)
More On De Queen: Homes For Sale | Data | Photos

De Queen is a city and the county seat of Sevier County, Arkansas, United States. The population was 6,629 at the 2010 census. The placename is the anglicization of the family name of the Dutch merchant and railway financier, Jan de Goeijen. De Goeijen was reportedly rather unhappy with the deformation of his name

The median income in De Queen comes in at $39,948 and the median home value is $85,800 for 2019.

Pocahontas, AR

Overall SnackAbility

5
/10

Population: 6,459
Rank Last Year: 1 (Down 2)
Home Price To Income Ratio: 2.2x (11th most affordable)
Income To Rent Ratio: 60.5x (26th cheapest)
More On Pocahontas: Homes For Sale | Data | Photos

Pocahontas is a city in Randolph County, Arkansas, United States, along the Black River. According to 2006 Census Bureau estimates, the population of the city was 6,765. The city is the county seat of Randolph County.

The median income in Pocahontas comes in at $34,812 and the median home value is $77,100 for 2019.

Greenwood, AR

Overall SnackAbility

5
/10

Population: 9,311
Rank Last Year: 5 (Up 1)
Home Price To Income Ratio: 2.1x (4th most affordable)
Income To Rent Ratio: 86.9x (3rd cheapest)
More On Greenwood: Homes For Sale | Data | Photos

Greenwood is a city in and one of the two county seats of Sebastian County, Arkansas, United States, perhaps best known locally for its Arkansas high school football. It is the fifth largest municipality in the Fort Smith, Arkansas-Oklahoma Metropolitan Statistical Area with a population of 8,952 according to the 2010 US Census.

The median income in Greenwood comes in at $62,311 and the median home value is $129,100 for 2019.

Wynne, AR

Overall SnackAbility

4
/10

Population: 8,095
Rank Last Year: 8 (Up 3)
Home Price To Income Ratio: 1.9x (1st most affordable)
Income To Rent Ratio: 57.5x (36th cheapest)
More On Wynne: Homes For Sale | Data | Photos

The median income in Wynne comes in at $41,344 and the median home value is $79,800 for 2019.

Trumann, AR

Overall SnackAbility

4
/10

Population: 7,103
Rank Last Year: 7 (Up 1)
Home Price To Income Ratio: 2.3x (15th most affordable)
Income To Rent Ratio: 66.0x (17th cheapest)
More On Trumann: Homes For Sale | Data | Photos

Trumann is a city in Poinsett County, Arkansas, United States. The population was 7,243 at the 2010 census. It is included in the Jonesboro, Arkansas Metropolitan Statistical Area.

The median income in Trumann comes in at $37,611 and the median home value is $86,400 for 2019.

White Hall, AR

Overall SnackAbility

8.5
/10

Population: 5,213
Rank Last Year: 9 (Up 2)
Home Price To Income Ratio: 2.0x (2nd most affordable)
Income To Rent Ratio: 74.2x (10th cheapest)
More On White Hall: Homes For Sale | Data | Photos

White Hall is a city in Washington Township, Jefferson County, Arkansas, with a population of 5,526 in the 2010 census. It is included in the Pine Bluff Metropolitan Statistical Area and the greater Little Rock-North Little Rock-Pine Bluff Combined Statistical Area. The city is home to the Pine Bluff Arsenal.

The median income in White Hall comes in at $61,525 and the median home value is $125,400 for 2019.

Forrest City, AR

Overall SnackAbility

2
/10

Population: 14,691
Rank Last Year: 2 (Down 6)
Home Price To Income Ratio: 2.1x (6th most affordable)
Income To Rent Ratio: 52.5x (46th cheapest)
More On Forrest City: Homes For Sale | Data | Photos

Forrest City is a city in St. Francis County, Arkansas, United States, and the county seat. It was named for General Nathan Bedford Forrest, who used the location as a campsite for a construction crew completing a railroad between Memphis and Little Rock, shortly after the Civil War. The population was 15,371 at the 2010 census, an increase from 14,774 in 2000. The city refers to itself as the “Jewel of the Delta”.

The median income in Forrest City comes in at $30,845 and the median home value is $65,700 for 2019.

Blytheville, AR

Overall SnackAbility

3
/10

Population: 14,588
Rank Last Year: 12 (Up 2)
Home Price To Income Ratio: 2.2x (9th most affordable)
Income To Rent Ratio: 54.3x (42nd cheapest)
More On Blytheville: Homes For Sale | Data | Photos

Blytheville is the largest city in Mississippi County, Arkansas, United States. Blytheville is approximately 60 miles north of West Memphis. The population was 18,272 at the 2000 census.

The median income in Blytheville comes in at $35,130 and the median home value is $76,200 for 2019.

Review Of Blytheville by HomeSnacks User

Im from Blytheville Arkansas and it is an okay town. It can be dangerous every blue moon.

Marion, AR

Overall SnackAbility

7
/10

Population: 12,467
Rank Last Year: 10 (Down 1)
Home Price To Income Ratio: 2.1x (5th most affordable)
Income To Rent Ratio: 86.0x (4th cheapest)
More On Marion: Homes For Sale | Data | Photos

Marion is a city in and the county seat of Crittenden County, Arkansas, United States. The population was 12,345 at the 2010 census, a 38.7% increase since 2000. The city is part of the Memphis metropolitan area. It is the second largest city in Crittenden County, behind West Memphis.

The median income in Marion comes in at $71,759 and the median home value is $151,800 for 2019.

El Dorado, AR

Overall SnackAbility

3
/10

Population: 18,201
Rank Last Year: 6 (Down 6)
Home Price To Income Ratio: 2.3x (17th most affordable)
Income To Rent Ratio: 58.8x (31st cheapest)
More On El Dorado: Homes For Sale | Data | Photos

The median income in El Dorado comes in at $37,366 and the median home value is $87,100 for 2019.

How We Determined The Most Affordable Places To Live In The Natural State For 2019

Map Of The Cheapest Places To Live In Arkansas
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2013-2017 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Arkansas to figure out which is the least expensive.

What you are left with is a “Cost of Living Index” by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 60 places in Arkansas that have more than 5,000 people.

The place with the lowest cost of living in Arkansas according to the data is De Queen.

There You Have It Mr. Or Mrs. Arkansas Cheapskate

If you’re looking at the cost of living numbers in Arkansas, this is an accurate list of the most affordable places to live in arkansas for 2019.

Here’s a look at the most expensive cities in Arkansas according to the data:

  1. Fayetteville
  2. Farmington
  3. Hot Springs

For more Arkansas reading, check out:

Where Are The Most Affordable Places To Live In Arkansas?

Rank City CheapScore Population Home/Income Ratio Income/Rent Ratio
1 De Queen 10.67 6,623 2.1x 74.4x
2 Pocahontas 15.33 6,459 2.2x 60.5x
3 Greenwood 15.67 9,311 2.1x 86.9x
4 Wynne 16.0 8,095 1.9x 57.5x
5 Trumann 16.33 7,103 2.3x 66.0x
6 White Hall 17.0 5,213 2.0x 74.2x
7 Forrest City 17.67 14,691 2.1x 52.5x
8 Blytheville 19.0 14,588 2.2x 54.3x
9 Marion 20.67 12,467 2.1x 86.0x
10 El Dorado 22.0 18,201 2.3x 58.8x

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.