Lafayette County, Arkansas Housing Market
In Lafayette County, Arkansas, the median home value is $81,000, with a median monthly rent of $755. This places Lafayette County at #3081 nationally out of 3134 counties by median home value, and #73 within Arkansas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $783
- Establishments: 134
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,164 (avg $47,185)
- Outflow: 2,017 (avg $47,363)
- IRS Statistics of Income
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| Metric | Lafayette County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $81,000 | $141,465 | $227,706 |
| Median Gross Rent | $755 | $774 | $968 |
| Owner Occupancy Rate | 79.3% | 71.1% | 73.3% |
| Price/Rent Ratio | 8.9 | 15.1 | 18.7 |
Market Analysis
The median home value in Lafayette County is 42.7% below the Arkansas state average and 64.4% below the U.S. national average. The median rent of $755/month is 2.5% below the state average.
With a price-to-rent ratio of 8.9, buying a home in Lafayette County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Lafayette County has an owner-occupancy rate of 79.3%, compared to 71.1% in Arkansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Calhoun County | Georgia | $81,000 | $546 |
| Brooks County | Texas | $81,000 | $719 |
| Crosby County | Texas | $80,900 | $684 |
| Greene County | Alabama | $81,200 | $432 |
| Woodson County | Kansas | $81,200 | $618 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Nevada County | $83,300 | $869 | 76.0% |
| Phillips County | $78,200 | $737 | 51.2% |
| Lee County | $75,300 | $667 | 59.0% |
| Monroe County | $88,700 | $614 | 62.6% |
| Chicot County | $89,100 | $574 | 69.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).